Announced Sat, 2 Aug · 11:46 IST

One 97 Communications Limited has informed the Exchange regarding Allotment of 1,89,104 equity shares pursuant to exercise of stock options under One 97 Employees Stock Option Schemes

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AI summary

One 97 Communications (Paytm) has allotted 1,89,104 equity shares to eligible employees following the exercise of vested stock options under its ESOP 2019 (1,88,954 shares) and ESOP 2008 (150 shares) schemes. The Nomination and Remuneration Committee approved this allotment on August 2, 2025. Shares were issued at an exercise price of ₹9 each (₹1 face value plus ₹8 premium). As a result, the company's total issued share capital has risen from 63,82,89,866 to 63,84,78,970 equity shares. The new shares carry no lock-in and rank equally with existing shares.

Likely market impact

This is a routine ESOP allotment with a negligible impact on shareholding (less than 0.03% increase in total shares) and slight dilution for existing shareholders. It is a standard employee compensation event and is unlikely to affect the stock price materially.