One 97 Communications issues shares from employee stock options

On December 2, 2025, One 97 Communications Limited, the parent company of Paytm, allotted 225,559 equity shares to eligible employees who exercised their vested stock options. The allotment was approved by the nomination and remuneration committee of the board and comprises 225,434 shares from the One 97 Employees Stock Option Scheme 2019 and 125 shares from the One 97 Employees Stock Option Scheme 2008. Each of these shares has a face value of ₹1 and is fully paid-up.

This issuance has increased the company's total issued, subscribed, and paid-up equity share capital from ₹639,313,697 to ₹639,539,256, representing a corresponding increase in the number of equity shares. The exercise price per share was ₹9, with a premium of ₹8, and the shares were issued on December 2, 2025.

All newly allotted equity shares are identical in all respects to existing shares and will rank pari-passu with them. There are no lock-in restrictions on these shares. This disclosure, made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Regulation 10(c) of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, has been submitted to both the BSE Limited and the National Stock Exchange of India Limited.