CEO of Paytm has finally decided to grant ESOPs as the company has surpassed the capitalisation stock since its inception and public offering.
CEO of Paytm
Vijay Shekhar sharma who is the ceo of paytm has decided to grant ESOP once the company’s capital value crosses over th initial public offering.
This is the first time that ESOP has been granted to Vijay.
The share price of paytm is 2.150 per piece which is close to 1 lakh in the indian market value.
As per the reports, “Against the backdrop of volatile market conditions for high growth stocks globally, our shares are down significantly from the IPO Price,”. Since then, the market stock has been going down for paytm considerably.
The whole company was in curtailed to onboard new customers as the company had been under severe supervisory from the RBI. Adding to this, Sharma said, “Importantly we are going to acheive this without compromisig any of our growth plans.”