India, Aug. 6 -- Fintech giant Paytm has expanded its employee stock option plan (ESOP) by allotting 1,10,357 equity shares to its eligible employees.

In an exchange filing, Paytm said, "We wish to inform that the Nomination and Remuneration Committee of the Board of the Company ("Committee"), on August 5, 2024 has approved the allotment of 1,10,357 equity shares having face value of INR 1 each, as fully paid-up, to the eligible employees, upon exercise of vested options under Employee Stock Option Scheme 2019."

As a result of this allotment, the startup's issued, subscribed and paid-up equity shares have increased to 636,384,447 (63.63 Cr) from 636,274,090 (63.62 Cr).

The fintech major has set the exercise price per share for stock op...