Paytm amends ESOP policy, expands pool with grant of 109,995 stock options
By
Binu Mathew
One97 Communications, the operator of the Paytm brand, approved amendments to its Employee Stock Option Scheme (ESOP) on Tuesday, linking ESOP vesting to annual performance ratings from the latest appraisal exercise.
Other amendments included modifying the vesting schedule for future grants from the previous five-year limit to a range of one to five years from the grant date.