He was stripped of 1.4% equity which is worth Rs. 300 Crore.
He along with his family and relatives has been accused of extensive misappropriation of company funds.
Ashneer Grover states this as a case of personal hatred and low thinking.
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However, Ashneer Grover resigned from BharatPe On March 1 Tuesday, following the consequence of controversy.
BharatPe has also engaged a law firm and risk advisory consulant to conduct a detailed investigation for the matter.
His wife Jain was fired few days before this follwoing the review as well as her ESPO's were also cancelled.