Founder and chief executive officer data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/panache/panache-people-101/vijay-shekhar-sharma/profileshow/80585073.cms”>Vijay Shekhar Sharma has voluntarily forgone 2.1 crore share of rel=”dofollow” href=”https://economictimes.indiatimes.com/one97-communications-ltd/stocks/companyid-2017785.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>Paytm parent rel=”dofollow” href=”https://economictimes.indiatimes.com/one97-communications-ltd/stocks/companyid-2017785.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>One97 Communications, the company told exchanges on Wednesday. The shares were granted to him under the One 97 Employees Stock Option Scheme, 2019, the filing further read.
Following the action, which comes in the backdrop of a ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/sebi” target=”_blank”>Sebi notice from August 2024, the Nomination and Remuneration Committee of the Paytm board termed the unvested stock options as cancelled, and returned them to the data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/definition/esop”>ESOP pool under 2019 scheme, the company said.
Sharma…
