Shares of One97 Communications Ltd, the parent company of Paytm, rose over 4% to ₹693.50 on March 11, despite broader market weakness.
The surge followed the company’s announcement regarding the allotment of 84,793 equity shares under its Employee Stock Option Scheme (ESOP).
Key Highlights:
- In a regulatory filing on March 9, Paytm’s board approved the allotment of shares to eligible employees.
- 84,377 shares were allotted under ESOP 2019, while 416 shares were issued under ESOP 2008, with an exercise price of ₹9 per share.
- The shares have a face value of ₹1 each and were granted to employees who exercised their vested options.
The development signals the company’s commitment to employee wealth creation and long-term retention, boosting investor confidence.
Paytm Share Price history
| Day | Open | Close | Change % |
|---|---|---|---|
|
Mon, Mar 10 2025
|
₹687.00
|
₹665.25
|
-2.86%
|
|
Fri, Mar 7 2025
|
₹710.00
|
₹684.85
|
-3.04%
|
|
Thu, Mar 6 2025
|
₹715.00
|
₹706.35
|
-0.36%
|
|
Wed, Mar 5 2025
|
₹687.00
|
₹708.90
|
|
|
Tue, Mar 4 2025
|
₹704.00
|
₹698.50
|
-3.85%
|
|
Mon, Mar 3 2025
|
₹700.00
|
₹726.45
|
|
|
Fri, Feb 28 2025
|
₹715.00
|
₹714.95
|
-1.46%
|
|
Thu, Feb 27 2025
|
₹736.00
|
₹725.55
|
-1.25%
|
Disclaimer:
The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information
