SBI Funds Management executives received significant value from employee stock options after the company’s listing. Joint CEO Devinder Pal Singh holds shares and outstanding options worth over ₹160 crore. Chief Investment Officer Srinivasan Rama Iyer’s stake and ESOPs together exceed ₹165 crore. Other senior officials also saw substantial gains from their allotted employee stock options.
Vedanta Oil & Gas shares fall over 3% after firm discloses two legal matters involving ONGC, GoI
Vedanta Oil & Gas share slipped on Wednesday after the company disclosed two legal matters involving the Directorate General of Hydrocarbons and ONGC. While DGH