This ESOP pool expansion is said to be a strategy to retain talent
Paytm has expanded its employee stock option plan or ESOP pool in a bid to retain talent. Amidst the ongoing financial crisis, the fintech firm has allocated 281,394 equity shares to its eligible employees. These fully paid-up equity shares have a face value of one rupee each.
The allocation of stocks has reportedly been done under the Employee Stock Option Scheme 2019 and the Employee Stock Option Scheme 2008.
Source: HR Katha
