The group on Monday announced its plans to allot five per cent of the total equity to employees of Bharti Televentures and its subsidiaries in an effort to retain talents at a time when the company is taking the steepest upward curve in its growth graph. Mr Jagdeep Khandpur, Director HRD, told eFE that with the roadmap laid out for listing the company in the Indian bourses by March, the company has decided to allot five per cent of the equity to its employees on 50 per cent discount of the IPO price, when the company's shares are listed in India.

Employees who are on the rolls of Bharti Televentures and its subsidiaries would be entitled for shares on 50 per cent discount price, Mr Khandpur said, adding, the company would not be following the normal `lock-in-period' concept, instead would go for ascending style of vesting pattern. As per the structure worked out by the company, 10 per cent of the shares could be vested with the employees for an year, 20 per cent for two years, 30 per cent for three years and 40 cent for four years, irrespective of the employees not continuing with the company or not.

Bharti has been mulling for an overseas listing to the tune of $200 million and it is the first time the company is conceding its plan to list in India. The group had restructured its operations into three holding companies such as Bharti Televentures, Bharti Teletech and Bharti Global to cover telecom services, manufacturing and international operations respectively.