News Housing.com founder Rahul Yadav gives away his entire stake worth Rs 150-200 crore to employees

[Deepu]

A week after withdrawing resignation, Housing.com Chief Executive Rahul Yadav on Wednesday in a surprise move decided to allot all his personal holding in the company worth Rs 150-200 crore to the employees.

"Rahul Yadav has decided to allot all his personal shares worth Rs 150-200 crore to the employees of Housing.com who number 2,251," the housing portal said in a late evening statement.

The value of this stock is worth the employees' one-year salary, it added.

Housing.com founder Rahul Yadav gives away his entire stake worth Rs 150-200 crore to employees - IBNLive

 

[Sanjeev]

Yes read about that in today's Mumbai Mirror

 

[Prateek Marwadi]

Yes read about that in today's Mumbai Mirror

this news is being shared @ all social networking sites like anything.

 

[Prateek Marwadi]

@ both brothers - how to send pms as i m not able to. what is the criteria

 

[DashMajor]

Sanjeev Bro. Deepu Bro. can start a conversation with you Prateek Marwadi

 

[scorpionking76]

Did he resigned because of the spat he had in a board meeting ?

 

[IndianMascot]

Yes. He resigned stating that his partners are not able to understand his vision and do he don't want to work anymore with such short sighted Team.