India, March 11 -- Fintech giant Paytm has expanded its employee stock options pool with the grant of 1.09 Lakh stock options.

In an exchange filing on Tuesday (March 11), Paytm said, ". the nomination and remuneration committee of the board of the company. has approved the grant of 1,09,995 stock options to the eligible employees under One 97 Employees Stock Option Scheme 2019."

Further, the committee took note of 4.1 Lakh stock options that have lapsed.

The newly allotted stock options will be converted into one fully paid equity share with the face value of INR 1 each after vesting. The company has set the exercise price at INR 9 per stock option.

This comes a couple of days after Paytm approved the allotment of 84,793 equity share...