Founders of new-age technology companies often receive Esops, or equity-linked instruments over cash-based remunerations, in formative years. This also aligns their interest with the other shareholders in the company. As typically, when these companies raise investments the founders’ shareholding in the company gets diluted.
eMudhra shares crash another 4%, down 40% in 3 sessions. What’s behind this free fall?
eMudhra will exit its global SSL/TLS certificate business following a security incident involving compromised private keys linked to eight intermediate Certificate Authority certificates. The segment