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Majority Of Paytm's Institutional Shareholders Veto ESOP Plan

Over 67% of the institutional votes cast were against three ESOP-related proposals on Feb. 19.

Azman Usmani

An advertising balloon for PayTM online payment advertisment is displayed. (Photographer: Dhiraj Singh/Bloomberg)

Stock option plans proposed by Paytm's parent company One97 Communications Ltd. faced resistance from institutional shareholders, with two-thirds of such votes cast being against them.

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Azman Usmani
Azman Usmani is a senior correspondent at BQ Prime. He reports on climate c... more
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