India's Paytm founder foregoes 21 million employee stock options after regulatory scrutiny
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 16 2025
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Source: Reuters
Paytm CEO's Stock Options: Vijay Shekhar Sharma, founder and CEO of Paytm, has given up 21 million employee stock options following regulatory scrutiny from India's SEBI regarding violations of rules on share-based employee benefits.
Regulatory Compliance: To comply with regulations, Sharma reduced his stake in Paytm from 14.7% to 9.1% by transferring shares to a trustee, as large shareholders are prohibited from holding employee stock options.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
