Paytm seeks Sebi settlement over potential ESOP issuance norms violation

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The move follows a show-cause notice (SCN) issued by the market watchdog earlier this year.

Digital payments major One97 Communications (Paytm) has filed a settlement application with the Securities and Exchange Board of India (Sebi) for a potential violation of norms related to the issuance of employee stock options (ESOP), said people in the know.

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Category: BusinessFinance

Markets: India

Topics: Paytm One97 Communications Claim settlement Esops Consent

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-26 @ 18:23:30 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 71 words

Reading Time: 1 minutes read

Sentences: 4 lines

Sentence Length: 18 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 22259086

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