Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Paytm Allots Stock Options, Equity Shares Ahead Of Q4 Results
Paytm's board approved the allotment of 1.2 million stock options to employees across various levels, valued at approximately ₹150 crore based on current market prices. This ESOP grant comes ahead of the company's quarterly results announcement and represents Paytm's strategy to retain top talent amid intense competition in the fintech sector. The options have a four-year vesting period with a one-year cliff, aligning employee incentives with long-term performance. Paytm has been aggressive with its ESOP program, having allocated over 24 million options since 2021. This latest grant specifically targets critical roles in technology, compliance, and product development as the company strengthens its financial services offerings. Analysts view this as a positive signal about Paytm's growth trajectory, though some caution about potential dilution effects given the company's recent stock performance challenges.