Founder - Partner
Mr. Uma Shankar Acharya is a member of the (a) Institute of Company Secretaries of India, and (b) Bar Council of India and Delhi. He has been in various facets of consulting services since more than 2 decades including 5 years with PricewaterhouseCoopers (PwC) and 14 years with ESOP Direct in a leadership position.
ESOP, Equity & Management Consulting: He has successfully delivered 400+ client assignments (right from NIFTY Index companies to Start-ups) in different sectors comprising of advisory services in Equity transactions, ESOP structuring (incl numerical & valuation analysis), ESOP documentation, Trusteeship/ Trust Management, SEBI/ MCA/ Stock Exchange/ RBI compliances, IPO/ listing related assistances, domestic / international tax advisory on equity rewards. He also spearheaded Consulting in cross-border ESOP transactions for Indian and Foreign companies. Over a decade long experience of interaction with various stakeholders (like the Employee Communities, Boards/ Committees, Promoters/ Investors, CXOs, Auditors, Proxy Advisory Firms, and Regulators) has helped him in understanding their ever-changing expectations.
Legal and Direct Taxes: Practiced Law and Direct Taxes with reputed Law and CA firms including that in PwC for 200+ clients in terms rendering Advisory, Representation, and Litigation services before various authorities including the Tax Tribunals, NCLT, Income-tax Authorities/ Appellate Authorities, Delhi District Courts and Delhi High Court.
His long-term close observation of outcomes of different Equity/ ESOP structures, provides the insight to foresee and gives the ability to structure for a predictable outcome.
Partner
CA Mayank Chopra is a Chartered Accountant and a qualified ACCA with around 6 years of experience in ESOP Consulting, Accounting, Valuation and Audit. He has worked with Grant Thornton and a good stint of his past career with ESOP Direct.
Mayank is proficient in ESOP structuring, ESOP allocation modelling and numerical sensitivity analysis, creating ESOP benchmark statistics. He has successfully delivered 35+ client assignments from matured listed space to new age start-ups entities across varied industry on implementation of equity plans for employees, drafting legal documentation, fair option valuation, accounting, disclosure and compliance.
His proficiency in statutory compliance, and financial reporting (IGAAP, Ind-AS, IFRS), has consistently delivered measurable results in growth, cost optimization, and profitability. He has a deep understanding of equity/ ESOP accounting and valuation.
Apart from equity compensation advisory, he had also worked with Grant Thornton in statutory audit of companies under IND AS & IFRS.
Mayank’s understanding of the subject matter and computational understanding and speediness help in bringing effectiveness to the deliverables.