🚨🚔👮‍♂️Paytm's Founder Fraud ⚖️ Forgoes ₹1,800 Cr Worth of ESOPs Amid SEBI Scrutiny 🔒🔗🚓

Paytm CEO Vijay Shekhar Sharma Forgoes ₹1,800 Cr Worth of ESOPs Amid SEBI Scrutiny

Paytm CEO Vijay Shekhar Sharma has voluntarily forfeited 21 million ESOPs granted under the One 97 Employees Stock Option Scheme, 2019. These options, valued at over ₹1,800 crore, were relinquished effective immediately, as disclosed in a regulatory filing on April 16, 2025.

The move comes months after SEBI issued show-cause notices to the company over alleged violations of its rules related to share-based employee benefits. The decision signals a major gesture from the CEO amid increased regulatory pressure.

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