But yes credit for culling out a lot of intricate details. We had big international companies like American Tower come to India and exit..So it seems local frugal operators can only survive...
I have read all the transcripts and last 10 years' annual reports and every publicly available document. I was looking for more help from your side.
They have granted 5 lac shares as ESOP in FY25. I only know this and have covered it in the blog. My question was how do you know that they will continuously issue ESOP every year?
While nobody can stop them from issuing, I don't know if there is anything in public domain that helps us form a view that ESOP issuance or Grant will be a continuous process annually.
Would request you again to help me with more points from your side. Happy to learn.
I could be wrong about the Q in which they said it, whether it was Q3 or Q4. But they explicitly agreed that they will issue 15L ESOPs out of which 5L have now been issued. I can't even find it in the transcripts.
Perhaps you went through the concalls using AI. AI can miss subtle stuff like this. Management had to be grilled for a while and only post that they agreed. Otherwise previously they weren't giving straight answers. (They still don't but atleast there they agreed)
But yes credit for culling out a lot of intricate details. We had big international companies like American Tower come to India and exit..So it seems local frugal operators can only survive...
Well written..but yes a tough sector with many pot holes ..
True, Sirji 🫡
Ignored the massive and continuous ESOP issuance that will happen.
Hi Divy,
Thank you for reading and commenting.
ESOP is mentioned in the post. You may re-read the section where FY25 numbers are being discussed.
Continuous ESOP issuance is something I am unaware of and happy to learn.
Regards
Ankit
You can go through the Q4 Concall.
I have read all the transcripts and last 10 years' annual reports and every publicly available document. I was looking for more help from your side.
They have granted 5 lac shares as ESOP in FY25. I only know this and have covered it in the blog. My question was how do you know that they will continuously issue ESOP every year?
While nobody can stop them from issuing, I don't know if there is anything in public domain that helps us form a view that ESOP issuance or Grant will be a continuous process annually.
Would request you again to help me with more points from your side. Happy to learn.
Regards
I could be wrong about the Q in which they said it, whether it was Q3 or Q4. But they explicitly agreed that they will issue 15L ESOPs out of which 5L have now been issued. I can't even find it in the transcripts.
oh ok. This is news for us. We are not aware of this 15 lacs ESOP. We will check from our side as well. Thank you!
Perhaps you went through the concalls using AI. AI can miss subtle stuff like this. Management had to be grilled for a while and only post that they agreed. Otherwise previously they weren't giving straight answers. (They still don't but atleast there they agreed)