FilingReader Intelligence

One 97 Communications allots shares to employees after stock option exercises

October 1, 2025 at 03:09 PM UTCBy FilingReader AI

One 97 Communications Limited, parent company of Paytm, has allotted 444,272 equity shares with a face value of ₹1 each to eligible employees who exercised their vested stock options. This allotment was approved by the nomination and remuneration committee on October 1, 2025. Of the total, 444,212 shares were issued under the One 97 Employees Stock Option Scheme 2019, and 60 shares were issued under the One 97 Employees Stock Option Scheme 2008.

This issuance increases the company's total issued, subscribed, and paid-up equity share capital from 63,86,63,460 equity shares to 63,91,07,732 equity shares. The exercise price for these shares was ₹9 per share, with a premium of ₹8 per share.

The newly allotted shares will rank pari-passu with existing equity shares and are not subject to any lock-in period. This disclosure is in compliance with SEBI regulations.

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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