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​Paytm shares dip 2% as CEO surrenders ESOPs

Vijay Shekhar Sharma gives up stock options worth Rs 1,800 crore

Paytm share price slips 2 per cent as CEO surrenders Rs 1,800 crore in ESOPsAI-generated image

Shares of One97 Communications, the parent company of Paytm, declined by 2.1 per cent on Thursday, closing at Rs 847 on the NSE. This drop followed an intraday low of Rs 845.80, a reaction to CEO Vijay Shekhar Sharma's decision to voluntarily surrender 21 million employee stock options (ESOPs) valued at over Rs 1,800 crore, based on the previous day's closing price of Rs 864.95.


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