Page 2 - One97 Communications

Vijay Shekhar Sharma surrenders 2.1 cr Paytm ESOPs worth Rs 1,800 cr

Fintech firm One97 Communications' Managing Director and Chief Executive Officer Vijay Shekhar Sharma has voluntarily surrendered 2.1 crore shares worth about Rs 1,800 crore, as per a regulatory filing and share closing price of the company. The shares were granted to Sharma as part of ESOP (employee stock ownership plan) at the time of listing of One97 Communications, which owns Paytm brand. It will now return to the ESOP pool under One 97 Employees' Stock Option Scheme, 2019. "Vijay Shekhar Sharma, Chairman, Managing Director and Chief Executive Officer of the Company vide letter dated April 16, 2025 has informed the company that he has voluntarily forgone all 2,10,00,000 (Two Crore Ten Lakhs) ESOPs granted to him under One 97 Employees Stock Option Scheme, 2019, with immediate effect," the filing said. Based on the Paytm share closing price of Rs 864.5 apiece, the ESOPs are valued at Rs 1,815.45 crore. "This will result in a one-time, non-cash, acceleration of ESOP expense of R

Paytm Money receives Sebi approval to offer research analyst services

Paytm's share price rose 7.79 per cent, closing at Rs 742.45 on Tuesday on the Bombay Stock Exchange

Paytm amends ESOP policy, expands pool with grant of 109,995 stock options

Other amendments included modifying the vesting schedule for future grants from the previous five-year limit to a range of one to five years from the grant date

Paytm gets ED show cause notice for transactions involving over Rs 611 cr

Company says these violations pertain to a period when these firms were not subsidiaries of One97 Communications

A year on, Paytm Payments Bank nudges users to reactivate wallets

The reactivation effort comes at a time when the payments bank has lost 72.25 per cent of its prepaid payment instrument (PPI) wallets from 363.15 million

One97 Communications: Markets unhappy after Q3, but brokerages positive

Prospects look better due to visibility on business turnaround and profitability. As and when, the Payment aggregator license is received from RBI, that could be a valuation catalyst

Paytm falls 7% on profit booking post Q3 results; up 161% in past 6 months

Paytm's revenue rose 10.1% sequentially, due to an increase in GMV, a healthy growth in subscription revenues and an increase in revenues from distribution of financial services

Paytm gets NPCI nod to onboard new UPI users months after RBI restrictions

The approval may lead to an increase in company's UPI transaction volumes

Paytm shares fly 11% as NPCI allows co to onboard new UPI customers

The surge in Paytm share price came after the company announced that National Payments Corporation of India (NPCI) has granted approval to the company to onboard new UPI users

Paytm set for a rebound as it recovers from regulatory disruption

NPCI data for June-Aug suggests that Paytm's UPI market share by value of transactions is steady

Paytm appoints DS Rathore as CTO, outgoing executive named 'AI Fellow'

The Noida-based company's outgoing CTO Manmeet Singh Dhody has been 'transitioned' to a new role as AI (artificial intelligence) fellow of the fintech major

Paytm shares rise 3% after Emkay upgrade to 'Add', doubles target price

The surge in the Paytm stock was fueled by domestic brokerage Emkay's upgrade to 'Add' from 'Reduce.'

Paytm seeks Sebi settlement over potential ESOP issuance norms violation

Regulator had slapped show-cause notice for potential violation of allotment norms

Paytm to sell its entertainment, ticketing biz for Rs 2,048 crore to Zomato

This comes as the company refocuses on its core payments and financial services business

Paytm to cut remuneration of its board members, cap annual pay at Rs 48L

Currently, the annual salaries of non-executive independent directors of Paytm's board members runs into crores

Paytm to refocus on delivering sustainable, profitable biz model: Sharma

This comes after One97 Communications, the company operating Paytm brand, handed pink slips to employees in the March quarter of FY24

Paytm to sell entertainment ticketing business to Zomato for Rs 2,048 crore

One 97 Communications said in an exchange filing that it will now focus on strengthening the core payments and financial services distribution

Paytm partners with Axis Bank to provide payment technology solutions

Fintech will provide point-of-sale and card machines to the private sector lender

Crisis-hit Paytm woos merchants with health plan at Rs 35 a month

Paytm's health care plan offers merchant partners benefits such as unlimited doctor 'teleconsultation' and in-person doctor visits

Fintech firm Paytm sees 19% growth in flight bookings in Jan-Mar quarter

Fintech firm One97 Communications claims to have registered on-year growth of 19 per cent growth in flight bookings in the January-march quarter of this year, the company said in a regulatory filing on Monday. The travel ticket business of Paytm falls within its marketing services vertical, which grew by 1 per cent in revenue terms to Rs 395 crore on a year-on-year basis in the March 2024 quarter. "In the fourth quarter of financial year 2024, Paytm maintained its upward trajectory in market share among OTAs (online travel aggregators), with flight bookings showing a notable year-on-year increase of around 19 per cent, surpassing the industry's growth rate of around 3 per cent," the filing said. Paytm's marketing services business primarily includes ticketing (travel, movie, events etc.), advertising, credit card marketing, and deals and gift vouchers. The company had posted 28 per cent growth in GMV (gross merchandise value) for ticketing, deals and gift vouchers etc. to Rs 2,804