Vijay Shekhar Sharma, chairman, managing director and CEO of Fintech Firm One 97 Communications, has left 2.1 crore shares of the corporate on his personal free will. The worth of those shares is round Rs 1800 crore. The corporate has knowledgeable the inventory market about this. One 97 is a mother or father firm of Communications, Paytm. These shares got to Sharma as a part of ESOP (Worker Inventory Overnship Plan) on the time of itemizing within the firm’s inventory market. Now these shares will return to ESOP pool underneath One 97 Workers Inventory Choice Scheme, 2019. The corporate stated within the alternate submitting, “The corporate’s CMD and CEO Vijay Shekhar Sharma has reported in a letter of April 16, 2025 that he has surrendered all 2,10,00,000 (2.1 crore) Esops with instant impact. He was authorized underneath the One 97 Workers Inventory Choices Scheme, 2019. The newspaytm shares closed at Rs 864.50 on 16 April at Rs 864.50. Based mostly on this worth, the worth of ESOPS surrendered by Sharma is Rs 1,815.45 crore. The submitting additional said, “This may improve the ESOP spending in January-March, the fourth quarter of FY 2025, and there will likely be a rise of Rs 492 crore and ESOP spending will lower a lot in future years.” ESOP bills, in keeping with the accounting guidelines, the books have a nuclear worth recorded. The Gensol rip-off’s wire as much as Ashnir Grover, the diverted in Third Unicorn, can also be diverted in Third Unicorn. The face worth of the inventory is Rs 1. In line with the info on BSE, the inventory has strengthened greater than 120 p.c within the final one 12 months. On the identical time, it has seen an increase of 26 p.c in only one month. Public shareholders have a full 100% stake within the firm. The 52 -week excessive of the inventory was created on 17 December 2024. The 52 -week low of Rs 310 was seen on 9 Could 2024.
