FilingReader Intelligence

Paytm approves new stock options, allots shares from existing scheme

May 6, 2025 at 07:03 PM UTCBy FilingReader AI

One 97 Communications (Paytm) announced the approval for the grant of 104,400 stock options to eligible employees under its "ESOP 2019" scheme. This decision was made by the Nomination and Remuneration Committee (NRC) of the Board at a meeting held on May 6, 2025, where the committee also noted the voluntary relinquishment, cancellation, and lapsing of 660,284 existing stock options. The exercise price is set at INR9 per stock option.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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