Proxy adviser seeks update on ₹480 cr ESOP clawback from Rashmi Saluja

Rashmi Saluja of Religare and Care Health is under scrutiny from InGovern for ESOPs clawback. This situation indicates a corporate governance concern where a proxy advisory firm is raising questions about the clawback of Employee Stock Ownership Plans. Clawback clauses typically allow companies to recover bonuses or stock options from executives in cases of misconduct or financial restatements. InGovern's scrutiny suggests a potential dispute over the terms or application of these clauses, highlighting issues of executive compensation and accountability.