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.
Vedanta extends demerger deadline till September 30, cites pending govt, NCLT approvals
Vedanta has postponed its business demerger to September 30, 2025, due to pending approvals. The move will separate aluminium, oil & gas, power, and steel