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…
Vijay Shekhar Sharma forgoes 21M ESOPs, Paytm to incur Rs 492 Cr one-time expense in Q4 FY25
Vijay Shekhar Sharma has forgone his ESOPs at Paytm, resulting in a one-time expense of ₹492 crore for the company in Q4 FY25. This decision by Sharma to forgo his employee stock options has a significant financial impact on Paytm. The expense reflects the value of the ESOPs that Sharma has chosen not to exercise. This move could be seen as a gesture of commitment to the company's long-term success.