Paytm parent One97 Communications Limited has allotted 4,05,190 equity shares to eligible employees under its employee stock ownership plan (ESOP).
The issued and paid-up equity share capital of Paytm has increased to INR 63,71,37,829 Cr from INR 63,67,32,639 Cr.
Paytm's stock is currently up about 4.5% at INR 831.40 per share on the BSE.
Paytm recently launched a new feature allowing users to download their UPI transaction statements, aiming to help users track expenses and manage budgets.