Paytm marginally increases share capital after ESOP-based allotment

An update from One 97 Communications Ltd. ( (IN:PAYTM) ) is now available.

One 97 Communications Ltd. has allotted 63,995 new equity shares to eligible employees following the exercise of vested stock options under its 2019 and 2008 employee stock option schemes. The shares, with a face value of ₹1 each and an exercise price of ₹9, were issued without lock-in and will rank pari passu with existing equity shares.

As a result of this allotment, the company’s issued, subscribed and paid-up equity share capital has risen marginally from ₹64,00,45,681 to ₹64,01,09,676, reflecting a small dilution for existing shareholders. The move underscores Paytm’s continued use of equity-based compensation to retain and incentivise employees, aligning staff interests with long-term shareholder value while only slightly expanding the share base.

More about One 97 Communications Ltd.

One 97 Communications Ltd., which operates under the Paytm brand, is a leading Indian fintech and digital payments company offering mobile payments, financial services and related technology solutions. Listed on both the National Stock Exchange of India and BSE, the company focuses on digital transactions and consumer financial services in the Indian market.

Average Trading Volume: 175,629

Technical Sentiment Signal: Sell

Current Market Cap: 613.6B INR

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