Akshata Sharma
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Fintech giant Paytm has expanded its employee stock option plan (ESOP) by allotting 1,10,357 equity shares to its eligible employees
As a result of this allotment, the startup's issued, subscribed and paid-up equity shares have increased to 636,384,447 (63.63 Cr) from 636,274,090 (63.62 Cr).
The fintech major has set the exercise price per share for stock options under this allotment at INR 9, a premium of INR 8 a piece.
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