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Paytm Founder Foregoes Esops
Mint Kolkata
|April 17, 2025
Paytm on Wednesday said founder and CEO Vijay Shekhar Sharma has foregone 21 million employee stock options (Esops) granted to him, months after the markets regulator issued show-cause notices over violation of rules on grant of share-based employee benefits.
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In August, the Securities and Exchange Board of India (Sebi) determined that the grant of the Esops to Sharma violated its rules governing share-based employee benefits. As per Indian rules, large shareholders
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