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Bloomberg Quint

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Paytm CEO Vijay Shekhar Sharma Forgoes 2.1 Crore ESOPs Amid Regulatory Lens

  • Paytm CEO Vijay Shekhar Sharma has voluntarily forgone 2.1 crore ESOP units granted to him.
  • The request was approved by the nomination and remuneration committee of the company's board.
  • This will result in a one-time, non-cash, acceleration of ESOP expense of Rs 492 crore in the quarter ended March 31, 2025.
  • Last year, SEBI had issued a show-cause notice to Paytm over the ESOP units granted to Vijay Shekhar Sharma.

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