FilingReader Intelligence

One 97 Communications allots shares from employee stock options

September 3, 2025 at 07:04 PM UTCBy FilingReader AI

One 97 Communications Limited, parent company of Paytm, has announced the allotment of 184,490 equity shares of face value ₹1 each, fully paid-up, to eligible employees. This allotment, approved by the nomination and remuneration committee on September 3, 2025, stems from the exercise of vested options under the One 97 Employees Stock Option Scheme 2019 and One 97 Employees Stock Option Scheme 2008.

Specifically, 182,532 equity shares were allotted under ESOP 2019, with an exercise price of ₹9 per share (premium of ₹8), and 1,958 equity shares under ESOP 2008. Following this allotment, the company's issued, subscribed, and paid-up equity share capital has increased from 63,84,78,970 shares to 63,86,63,460 shares, reflecting the increase in capital from ₹63,84,78,970 to ₹63,86,63,460.

The new shares will rank pari-passu with existing equity shares. This disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Regulation 10(c) of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

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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