Great loss of Paytm with Vijay Sharma! £ 450 crore out of hand and hand over themselves

Last updated: April 16, 2025, 22:02 IST Paytm founder Vijay Shekhar Sharma has left 2.1 crore esops, which will reduce the company’s expenses. Sebi sent a notice about giving ESOP against the rules. Paytm shares have recently risen by 6%. Sebi objected to giving ESOP to Vijay Shekhar. Highlights Vijay Shekhar Sharma left 2.1 million ESOPs. Sebi sent a notice about giving ESOP against the rules. Paytm shares have recently risen by 6%. New -delhi. Paytm founder and CEO Vijay Shekhar Sharma has left 2.1 crore (21 million) stock options, ie ESOPs (employee options) of his will. The company gave information to the Stock Exchange on Wednesday, April 16. Sharma got this ESOP’s Paytm under Paytm’s One97 Employee’s Share Option Scheme 2019, but now they will be canceled and will return to the company’s ESOP pool. In August last year, Sebi sent a notice to Paytm. It is said that giving ESOP to Vijay Shekhar Sharma is against the rules because he has a lot of influence on the business. People who are major shareholders of a company cannot get them on the rules. For this reason, Vijay Shekhar Sharma decided to leave this stock option. These ESOPs were given to them in the year 2022 with some performance conditions, but so far they were not completely active. That is, they have not received any profit from them yet. Also read- What was the example of confidence in the constantly broken market, what is the benefit of banking stock, foreigners and mutual funds for the company? The value of these stock options was £ 492 crore, which the company doesn’t have to spend now. It was a one -time edition that would be shown on paper, but now it will be reduced in the future due to cancellation. This will make the operating profit of the business look better. Earlier, the company corrected £ 637 for these ESOPs, which would be completed in a few years. Now a big part of it will survive. What is the current situation of Paytm? Paytm’s parent company One97 Communications could not yet show positive EBITDA (operating profit). However, the company constantly explained to investors by showing Ebitda in the situation before ESOP spending. In FY24, Paytm’s Ebitda (except ESOP) was £ 559 crore. In the third quarter (January-March 2025), the company expects £ 64 crore ebitda and loss of £ 9 crore. How did the shares change? Vijay Shekhar Sharma reduced its stake in Paytm from 14.7% to 9.1% before IPO. He has transferred more than three crore shares to Axis Trustee Services, which works on behalf of his Family Trust. With this they were eligible to get ESOP, but after investigating Sebi, they now left them. Paytm’s Status Status Paytm’s parent company One97 communication shares rose 2.72 percent on Wednesday to close Rs 863 on the NSE on Rs 863. This share rose 6 percent in the last five trading sessions. At the same time, so far this year, Paytm shares have dropped by 12 percent. The 52 -week highlight of Paytm’s shares is Rs 1062.95. Location: New -delhi, Delhi first published: April 16, 2025, 22:02 IST Homebusiness Paytm with great loss of Vijay Sharma! £ 450 crore out of hand, hand over himself