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One 97 Communications Increases Equity Shares Through Employee Stock Options

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One 97 Communications Increases Equity Shares Through Employee Stock Options

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One 97 Communications Ltd. ( (IN:PAYTM) ) has shared an update.

One 97 Communications Limited has announced the allotment of 225,559 equity shares to its employees under its stock option schemes. This move, approved by the company’s Nomination and Remuneration Committee, increases the company’s total issued share capital, reflecting its commitment to employee incentives and potentially impacting its market positioning by aligning employee interests with shareholder value.

More about One 97 Communications Ltd.

One 97 Communications Limited operates in the digital payments and financial services industry, primarily known for its flagship brand Paytm. The company offers a wide range of services including mobile payments, e-commerce, and financial services, focusing on the Indian market.

Average Trading Volume: 163,146

Technical Sentiment Signal: Buy

Current Market Cap: 844.7B INR

For an in-depth examination of PAYTM stock, go to TipRanks’ Overview page.

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