TW Newsdesk, March 19:India’s capital markets regulator is reportedly planning to make changes to its rules to address concerns around founders and family members of tech or app-based start-ups owning shares under the employee stock ownership plan (Esop), two sources told reporters.

The Securities and Exchange Board of India (Sebi) does not want founders to own stock options if they have rights akin to those enjoyed by promoters, the sources with direct knowledge of the matter stated.