Paytm founder settles ESOP violation case with SEBI

BUSINESS

Paytm founder settles ESOP violation case with SEBI

AIMPWA

May 8, 2025

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A file photo Paytm Managing Director Vijay Shekhar Sharma
| Photo Credit:
PTI

Indian payments firm Paytm and its founder Vijay Shekhar Sharma have settled an employee stock options violations case with the country’s markets regulator, the Securities and Exchange Board of India said on Thursday.

As part of the settlement, Sharma has been prohibited from accepting fresh ESOPs from any listed company for three years, SEBI said.

Published on May 8, 2025

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