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Paytm grants new ESOPs to staff

May 09, 2022

Paytm grants new ESOPs to staff
In a stock trade documenting on Monday, One97 Communications Ltd., which runs the digital payments firm Paytm, said that it has conceded 3.97 million new investment opportunities to representatives, under One97 Employees Stock Option Scheme 2019 (‘Esop 2019’).

The activity cost of these investment opportunities is ₹9 each, the organization informed the trades.
One97 Communications’ stock was trading at ₹559.8 each on Monday morning exchange, down 1.47% since market close on May 6. Since posting in November last year, the One97 stock has been wallop, it’s down 74% from its IPO cost of ₹2,150 for each offer.
Furthermore, it has likewise dispensed 177,114 value offers to representatives, who have practiced their choices. One97 didn’t unveil the people who have been allowed these investment opportunities in its filings.
“Resulting to aforementioned distribution, the selling, buy-in, and settled up value share capital of the organization stand expanded from around 64,85,67,292 (comprising of 64,85,67,292 value portions of the presumptive worth of ₹1 each) to roughly 64,87,44,406 (comprising of 64,87,44,406 value portions of the assumed worth of ₹1 each),” expressed Paytm in its documenting.
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