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India's Paytm, founder settle with markets regulator in ESOPs case

India's Paytm, founder settle with markets regulator in ESOPs case

Reuters08-05-2025

May 8 (Reuters) - Indian payments firm Paytm (PAYT.NS), opens new tab 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.

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