The chief executive officer (CEO) of IDFC First Bank gifted $530,000 worth of shares he owns to his driver, trainer, and helpers at home and office in an unusual gesture of philanthropy. V Vaidyanathan gave 900,000 shares or 3.7% of his holding in the private sector lender. The recipients will use the funds to buy homes, according to an exchange filing.

from Times of India https://timesofindia.indiatimes.com/business/india-business/bank-ceo-gives-500000-of-shares-to-his-chauffeur-home-help/articleshow/89746759.cms