Frequently Asked Questions

A comprehensive guide for stakeholders, investors & prospective Owner-Operators

About the Model

Ownership & Control

Governance Structure

Owner-Operator Role

Financial Framework

Step-Down Subsidiaries

Exit & Liquidity

IPO & Future

Parent Capitalization & Group Management

Quick Reference: Key Numbers

Subsidiary Level

Parent ownership in subsidiary51%
Owner-Operator ownership in subsidiary49%
Minimum dividend payout30% of PAT

Parent Level

Owner-Operator Pool95%
Strategic Reserve5%
Group CEO compensation1% of pooled money (cap ₹1 Cr until IPO)
Group CFO compensation1% of pooled money (cap ₹1 Cr until IPO)
Annual dilution for new shares~10%

Expense Thresholds

Single expense approval>₹1 Lakh
Monthly recurring approval>₹50,000/month

Accountability

Bottom 10% trigger2 consecutive years

General

Lock-in before put option3 years
Exit notice period6 months
Non-compete (Good Leaver)1 year
Non-compete (Bad Leaver)2 years

Document References

For detailed provisions, refer to:

1 Parent HoldCo Constitution Federal governance framework 2 Subsidiary Operating Constitution Individual company governance 3 Parent Capitalization Structure Parent ownership and annual allocation 4 Stakeholder Quiz Test your understanding (50 questions)