{"id":1041376,"date":"2026-10-07T08:22:26","date_gmt":"2026-10-07T02:52:26","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1041376"},"modified":"2026-10-07T08:41:33","modified_gmt":"2026-10-07T03:11:33","slug":"et-exclusive-flipkarts-former-suites-write-to-walmart-board-seek-fair-treatment-and-full-cash-out-of-vested-esops","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/10\/07\/et-exclusive-flipkarts-former-suites-write-to-walmart-board-seek-fair-treatment-and-full-cash-out-of-vested-esops\/","title":{"rendered":"ET Exclusive: Flipkart\u2019s former suites write to Walmart board, seek fair treatment and full cash out of vested ESOPs"},"content":{"rendered":"<p>Mumbai\/New Delhi: A group of former senior Flipkart executives, including ex-CEO Mukesh Bansal ex-CFO Sanjay Baweja, ex-chief business officer (CBO) Ankit Nagori has asked Walmart to buy out their vested stock options as the online retailer\u2019s India listing plans have got deferred again, denying them a big payday opportunity. This comes as Flipkart has completed a partial buyback of stock options from current employees four months back. <\/p>\n<p>The October 1 letter, which ET has seen, is addressed to all 11 members of the parent company\u2019s board, including chairman Gregory B Penner, and Flipkart CEO Kalyan Krishnamurthy. It seeks \u201cfair treatment\u201d for the vested stock options that were given out 10-15 years back.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai\/New Delhi: A group of former senior Flipkart executives, including ex-CEO Mukesh Bansal ex-CFO Sanjay Baweja, ex-chief business officer (CBO) Ankit Nagori has asked Walmart to buy out their vested stock options as the online retailer\u2019s India listing plans have got deferred again, denying them a big payday opportunity. This comes as Flipkart has completed a partial buyback of stock options from current employees four months back. The October 1 letter, which ET has seen, is addressed to all 11 members of the parent company\u2019s board, including chairman Gregory B Penner, and Flipkart CEO Kalyan Krishnamurthy. It seeks \u201cfair treatment\u201d [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1041376","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1041376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1041376"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1041376\/revisions"}],"predecessor-version":[{"id":1041408,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1041376\/revisions\/1041408"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1041376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1041376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1041376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}