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

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…