Paytm share price plunges over 2% after CEO Vijay Shekhar Sharma forgoes 2.1 crore ESOPs; Do you own?

One97 Communications, parent company of Paytm, share price dipped over 2 per cent in Thursday’s trading session after Managing Director and CEO Vijay Shekhar Sharma voluntarily gave up 2.1 crore shares.

These shares had been allotted to Sharma under the employee stock ownership plan (ESOP) during the company’s listing. One97 Communications is the parent company of the Paytm brand.