Billionaire Deepinder Goyal to sacrifice Rs 1,000 crore perpetual ESOPs for giving up CEO role

Billionaire Eternal founder Deepinder Goyal is set to lose over Rs 1,000 crore in unvested employee stock options (ESOPs) as he steps down from the role of Group CEO. He is returning 3.3 crore shares to the corporate pool. Analysts call this an extraordinary corporate governance gesture that could eliminate the need for shareholder dilution […]