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Month: May 2025

Are you aware of SEBI’s latest changes made in the ESOP rulebook for Listed Companies?

In FY 2024–25, SEBI introduced a series of impactful changes that will reshape how listed companies manage and disclose Employee Stock Option Plans (ESOPs) and other equity-based employee benefits. These updates aim to strengthen transparency, enhance investor confidence, and align with evolving corporate governance norms particularly relevant for companies preparing for IPOs or focused on...

Gensol’s Financial Misconduct and Its Impact on BluSmart Employees Holding ESOPs

 BluSmart Mobility: Background and Relationship with Gensol: BluSmart Mobility, founded in 2019 by Anmol Singh Jaggi, Punit K. Goyal, and Puneet Singh Jaggi, emerged as India’s first integrated electric ride-hailing and EV charging platform. It rapidly scaled operations in Delhi-NCR, Mumbai, and Bengaluru, developing one of the country’s largest all-electric fleets, supported by partnerships with...