SBI Funds Management Executives Gain From ESOPs After Listing

Norsk Bokmål

Top executives at SBI Funds Management received significant value from employee stock options following the company's listing on the stock market.

Joint CEO Devinder Pal Singh holds shares and outstanding options worth over ₹160 crore. Chief Investment Officer Srinivasan Rama Iyer's combined stake and ESOPs exceed ₹165 crore.

Other senior officials also benefited substantially from the employee stock options allotted to them.

The gains reflect the impact of the mutual fund company's stock market debut on its leadership team.

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