One 97 Communications, the parent entity of Paytm, has approved a fresh grant of 1,23,908 stock options to eligible employees under its ESOP Scheme 2019, according to a stock exchange disclosure.
Considering Paytm’s last traded share price of Rs 1,340, the newly granted ESOPs carry an approximate value of Rs 16.6 crore.
Last month Paytm Payments Services Limited (PPSL), a wholly owned subsidiary of One 97 Communications Limited, received authorisation from the Reserve Bank of India to operate as a payment aggregator for physical or offline payments…

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