Ahead of the financial year ending, One 97 Communications, the parent company of the much-troubled fintech major Paytm, has announced the issuance of 1,23,908 fresh employee stock options under its ESOP Scheme 2019.
In an exchange filing, Paytm said, “Nomination and Remuneration Committee of the Board of the Company on January 03 2026 at 5.25 A.M. (IST) through circulation, has approved the allotment of 1,88,879 equity shares having face value of ₹ 1 each, as fully paid-up, to the eligible employees, upon exercise of vested options under One 97 Employees Stock Option Scheme 2019.”
The total value of these stocks stands at about Rs. 16.6 Cr, given the last closing of Paytm being at Rs. 1,340.70 per share on the BSE. Following the announcement, the share price jumped 1.2% to Rs. 1,357.35 on BSE
The fintech stock opened 0.7% lower at At the time of reporting, Paytm shares were trading at Rs. 1,343.05, up 0.18%, with a market capitalisation of Rs. 85,893 crore, reported Fortune India
The development comes after the company received a nod from the Reserve Bank of India to operate as a payment aggregator, enabling the company to scale up offline merchant payments and expand into cross-border payment services that support international commerce.
Paytm has been going through regulatory hurdles for the last few years. Failing to comply with the RBI guidelines, Paytm lost its license to operate as a digital bank.
