Paytm Increased ESOP Pool By 2.8 Lakh Stock Options

Paytm, one of India’s largest digital payments and financial services companies, has expanded its ESOP pool further by 2.8 lakh stock options.

Looking to undertake the protection and rewarding of top talent, which is very critical to its operations and growth plan.

ESOPs, or employee stock ownership plans, are a type of equity compensation that firms give to their employees.

They offer the right for an employee to purchase shares of the company at a preset price, which is normally below the market price.

For Paytm, the increase in the ESOP pool by 2.8 lakh stock options depicts a huge investment in its manpower.

The stock option would get distributed amongst employees at different levels and functions.