Paytm allots 1.89 lakh shares under Esop plan to employees

Share via:



One 97 Communications, which operates fintech firm Paytm, has allotted 1,88,879 equity shares to employees following the exercise of stock options under its Employee Stock Ownership Plan (Esop) 2019 scheme, the company said in a regulatory filing.

The allotment, approved by the company’s nomination and remuneration committee on January 3, involves equity shares with a face value of Rs 1 each, issued at an exercise price of Rs 9 per share.

The shares will rank ‘pari passu’, meaning they will have the same rights, including voting rights and…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Paytm allots 1.89 lakh shares under Esop plan to employees



One 97 Communications, which operates fintech firm Paytm, has allotted 1,88,879 equity shares to employees following the exercise of stock options under its Employee Stock Ownership Plan (Esop) 2019 scheme, the company said in a regulatory filing.

The allotment, approved by the company’s nomination and remuneration committee on January 3, involves equity shares with a face value of Rs 1 each, issued at an exercise price of Rs 9 per share.

The shares will rank ‘pari passu’, meaning they will have the same rights, including voting rights and…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Popular

iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-service iptv-provider iptv-provider iptv-provider iptv-provider iptv-provider iptv-provider iptv-provider iptv-provider iptv-provider iptv-provider iptv-provider iptv-provider iptv-provider iptv-provider iptv-provider iptv-provider iptv-provider iptv-provider iptv-provider iptv-provider iptv-provider iptv-provider iptv-provider iptv-provider iptv-provider iptv-provider iptv-provider iptv-provider