Paytm Grants INR 215 Crore in Fresh ESOPs The options were allocated at an exercise price of INR 9 per share, significantly below the company's current market value of INR 906 per share

By BIZ Experiences Staff

You're reading BIZ Experiences India, an international franchise of BIZ Experiences Media.

Freepik

Paytm has issued a new round of employee stock options (ESOPs) worth approximately INR 215 crore, according to a regulatory filing by One97 Communications, the company that operates the fintech platform. The move comes as part of its ESOP 2019 scheme, under which a total of 23,70,790 stock options have been granted.

The options were allocated at an exercise price of INR 9 per share, significantly below the company's current market value of INR 906 per share. Each option entitles the holder to one fully paid-up equity share with a face value of INR one. Based on the current market rate, the total value of the allocation is estimated at INR 215 crore.

These ESOPs can be exercised at any point during the employee's active tenure with the company, following the vesting period. The scheme also outlines provisions for how options are to be handled in scenarios such as resignation, termination, retirement, death, or permanent incapacity. Further, the company has specified that the equity shares resulting from the exercise of these options will not be subject to any lock-in period.

According to the filing, 3,46,746 options have lapsed in accordance with the terms of the ESOP 2019 plan. The company noted that the plan includes mechanisms to adjust the number of stock options in the event of corporate actions such as mergers, stock splits, bonus issues, or divestitures. These adjustments, the filing states, would be "appropriately made, in a fair and reasonable manner."

This latest grant comes amid a broader trend of Indian tech firms using ESOPs to retain talent in a competitive market. Paytm's ESOP 2019 scheme is one of its core retention strategies, designed to align long-term employee incentives with shareholder value.

The stock options are governed by the rules laid out in the ESOP 2019 plan, which has been previously approved by Paytm's board and shareholders.
BIZ Experiences Staff

BIZ Experiences Staff

Editor

For more than 30 years, BIZ Experiences has set the course for success for millions of BIZ Experiencess and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.

Most Popular

See all
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for BIZ Experiencess to pursue in 2025.

By Eve Gumpel
Science & Technology

OpenAI's Latest Move Is a Game Changer — Here's How Smart Solopreneurs Are Turning It Into Profit

OpenAI's latest AI tool acts like a full-time assistant, helping solopreneurs save time, find leads and grow their business without hiring.

By Ben Angel
Business Solutions

Boost Team Productivity and Security With Windows 11 Pro, Now $15 for Life

Ideal for BIZ Experiencess and small-business owners who are looking to streamline their PC setup.

By BIZ Experiences Store
News and Trends

Reliance Retail Launches FMCG Brand 'Independence' In Gujarat

Independence includes diverse categories such as staples, processed foods, beverages, among other daily essentials

By Shrabona Ghosh
Business News

Here's How Much Google Software Engineers, Product Managers, and Data Scientists Make in a Year

Data revealed in federal filings shows how much Google is compensating its employees.

By Sherin Shibu
Starting a Business

I Built a $20 Million Company by Age 22 While Still in College. Here's How I Did It and What I Learned Along the Way.

Wealth-building in your early twenties isn't about playing it safe; it's about exploiting the one time in life when having nothing to lose gives you everything to gain.

By Emil Barr