India, Feb. 7 -- Fintech major Paytm's board has approved the allotment of 1.36 Lakh equity shares to its eligible employees under employee stock option plan (ESOP) 2019.

"The company .approved the allotment of 1,36,528 equity shares having face value of INR 1 each, as fully paid-up, to the eligible employees, upon exercise of vested options under employees stock option scheme 2019," the company said in a BSE filing on Thursday (February 6).

With this allotment, Paytm's total paid-up capital has increased to INR 63.76 Cr from INR 63.75 Cr previously. The company has set an exercise price of INR 9 apiece for the shares.

This follows Paytm last month allotting 1.48 Lakh equity shares to its eligible employees under various ESOP schemes. ...