One 97 Communications Limited has informed the Exchange regarding Grant of 550000 Stock Options under One 97 Employees Stock Option Scheme 2019 ("ESOP 2019")
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One 97 Communications (Paytm) has approved the grant of 5,50,000 stock options to eligible employees under its Employees Stock Option Scheme 2019. The decision was made by the Nomination and Remuneration Committee on November 4, 2025. Each option is convertible into one equity share of face value ₹1, with an exercise price of ₹9 per option. The scheme is compliant with SEBI's Share Based Employee Benefits Regulations, 2021. The shares allotted upon exercise of these options will not be subject to any lock-in period.
This is a routine employee compensation event that will result in marginal dilution of existing shareholders once the options are vested and exercised. The exercise price of ₹9 is likely well below current market levels, which is standard for employee stock options. No immediate material impact on stock price is expected.