Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
SEBI Board Likely to Discuss ESOP Reforms for Startup Founders and PSU Delisting Norms
The board of the Securities and Exchange Board of India (SEBI) is expected to discuss significant reforms related to Employee Stock Option Plans (ESOPs) for startup founders and the norms for the delisting of Public Sector Undertakings (PSUs). The proposed ESOP reforms are aimed at making it easier for startup founders to receive stock options, aligning their compensation more closely with the long-term performance of their companies. For PSUs, SEBI is considering changes to the delisting regulations to make the process more efficient and transparent, which could facilitate the government's privatization plans. These discussions are part of SEBI's ongoing efforts to update its regulations to match the evolving needs of the market, promote corporate governance, and protect the interests of investors, while also facilitating capital formation and strategic government initiatives.