@PratikBhakta_89 I think the board should wait before the stock price crawls back to it's IPO price. Investors who participated in the IPO needs to feel better before CEO takes a pay hike.
Mutual funds have already bet on Eternal and Swiggy. They realize betting on every QC player leads to cannibalization of their existing investment. They would rather have #zepto go out of cash then compete with #Eternal and #swiggy.