PayTM announced, the allotment of 1,78,831 equity shares pursuant to the exercise of options under Employee Stock Option Schemes, in a company filing with the stock exchanges.
In pursuance to regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, the company informed the Nomination and Remuneration Committee of the Board of One 97 Communications Ltd. on Friday that it had allotted 1,78,831 equity shares having face value of ₹ 1 each, as fully paid-up, to the eligible employees, upon exercise of vested options.
The scheme numbers of the equity shares allotted are Employee Stock Option Plan 2008 11,478 and Employee Stock Option Plan 2019 1,67,353.
Consequent to the allotment, the issued, subscribed and paid-up equity share capital of the company increased from ₹ 64,91,55,556 (consisting of 64,91,55,556 equity shares of face value of ₹ 1 each) to ₹ 64,93,34,387 (consisting of 64,93,34,387 equity shares of face value of ₹ 1 each).
