Pine Labs Allotted 2.3 Cr Shares To CEO Amrish Rau Ahead Of IPO

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SUMMARY

The fintech major’s DRHP also revealed that its’ board of directors, earlier this month, approved a resolution to grant 1.1 Cr more shares to CEO Rau under ESOP 2025 ahead of filing the RHP

Rau plans to sell 18.15 Lakh shares of the company within three months of the listing of the company’s shares on the stock exchanges

Ex-CFO Marc Kay Mathenz, president and CBO Kush Mehra, COO Sumit Chopra, CEO of subsidiary Setu Anand Raisinghan, among others were also allotted equity shares ahead of the IPO

Ahead of filing…



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Pine Labs Allotted 2.3 Cr Shares To CEO Amrish Rau Ahead Of IPO


SUMMARY

The fintech major’s DRHP also revealed that its’ board of directors, earlier this month, approved a resolution to grant 1.1 Cr more shares to CEO Rau under ESOP 2025 ahead of filing the RHP

Rau plans to sell 18.15 Lakh shares of the company within three months of the listing of the company’s shares on the stock exchanges

Ex-CFO Marc Kay Mathenz, president and CBO Kush Mehra, COO Sumit Chopra, CEO of subsidiary Setu Anand Raisinghan, among others were also allotted equity shares ahead of the IPO

Ahead of filing…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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