🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Paytm CEO Vijay Shekhar Sharma settles ESOP case with SEBI
Inshorts
·
3m ago
Medial
Paytm and its CEO, Vijay Shekhar Sharma, have settled an employee stock options (ESOPs) violations case with the Securities and Exchange Board of India (SEBI), the markets regulator said on Thursday. As part of settlement, Sharma has been prohibited from accepting fresh ESOPs from any listed company for three years, while Paytm and Sharma each paid ₹11.1 million, SEBI said.
View Source
1
Related News
Paytm, founder settle with SEBI in stock options case
VCCircle
·
3m ago
Medial
Paytm and its founder Vijay Shekhar Sharma have settled a case with SEBI over employee stock options (ESOPs) violations. Sharma is barred from accepting new ESOPs from listed companies for three years, while both he and Paytm paid Rs 11.1 million each. SEBI found 21 million ESOPs granted to Sharma violated rules, leading to him forgoing these options and Paytm incurring a Rs 4.92 billion charge. Sharma reduced his stake to comply with regulations.
View Source
Vijay Shekhar Sharma forgoes 2.1 crore Paytm stock options after Sebi notice
Economic Times
·
3m ago
Medial
Paytm founder Vijay Shekhar Sharma has waived his entitlement to 2.1 crore shares under the One97 Employees Stock Option Scheme, 2019, after an August 2024 SEBI notice deemed the issue a violation of share-based employee benefit rules. This voluntarily renounced stock resulted in a non-cash ESOP expense of Rs 492 crore for Q1 2025, positively impacting future ESOP expenses. Sharma held over 5.78 crore shares, valued at Rs 5,000.7 crore as of March 2025.
View Source
Paytm gets show-cause notice from SEBI over ESOPs granted to CEO
Inshorts
·
1y ago
Medial
Paytm has received a show-cause notice from market regulator SEBI over the employee stock option plans (ESOPs) granted to the startup's Founder and CEO Vijay Shekhar Sharma, Paytm said in an exchange filing. "[We believe] that the company is compliant with the relevant regulations," Paytm said. It added that it had submitted its preliminary response to SEBI's notice.
View Source
Paytm CEO Vijay Shekhar Sharma gets scam texts from 'Vijay Shekhar Sharma', shares pics
Inshorts
·
2m ago
Medial
Paytm CEO Vijay Shekhar Sharma shared pictures of text messages he got from a scammer who was posing as 'Vijay Shekhar Sharma', saying, "Impersonating myself to me." In the messages, the scammer asked Vijay if he was in office and asked him to send a file to finance department. "Vijay speaking to Vijay. Madness of multiverse," an X user said.
View Source
Fresh Trouble For Paytm As SEBI Issues Show Cause Notices Alleging Fact Misrepresentation During IPO
Inc42
·
11m ago
Medial
Paytm founder Vijay Shekhar Sharma is reportedly facing investigation by the Securities and Exchange Board of India (SEBI) for alleged non-compliance with promoter classification norms. The probe has been initiated based on information from the Reserve Bank of India (RBI). Paytm has not responded to queries regarding these developments.
View Source
Paytm To Shift Focus From EBITDA Before ESOP To PAT For Better Clarity
Inc42
·
10m ago
Medial
During Paytm's annual general meeting, founder Vijay Shekhar Sharma announced a strategic change in focus. He stated that the company will shift its benchmark from EBITDA before ESOP to PAT (Profit After Tax). Sharma also mentioned that Paytm will apply for a payment aggregator license from the Reserve Bank of India in the future.
View Source
Paytm Senior VP Praveen Sharma quits to pursue other opportunities
Inshorts
·
1y ago
Medial
Paytm Senior Vice President Praveen Sharma has quit the fintech startup to pursue other opportunities, Paytm said in an exchange filing. Praveen, who tendered his resignation to CEO Vijay Shekhar Sharma on Saturday, will work with Paytm till Sunday (March 31). "I had a wonderful stint here," said Praveen, who has worked at Paytm since September 2019.
View Source
Paytm Slapped With Fine For Not Paying Stamp Duties
Inc42
·
1y ago
Medial
Paytm has been fined by the Office of Collector of Stamps in New Delhi for not paying stamp duty on the allocation of 3,828 equity shares in December 2017. Paytm expects to receive more such orders in the future, as the Office is still processing its applications. Additionally, Paytm has received a show cause notice from SEBI concerning the stock options given to its founder and CEO Vijay Shekhar Sharma in the fiscal year 2022.
View Source
Paytm CEO Vijay Shekhar Sharma meets FM Sitharaman
Inshorts
·
1y ago
Medial
Paytm CEO Vijay Shekhar Sharma met Finance Minister Nirmala Sitharaman on Tuesday, ANI reported quoting sources. They reportedly discussed the recent curbs imposed by the Reserve Bank of India (RBI) on Paytm Payments Bank. It was earlier reported that Sharma and other Paytm executives met the RBI officials on Monday and discussed a roadmap to address the regulatory concerns.
View Source
Paytm board members levied Rs 3.3 crore fine in total by Sebi
Economic Times
·
6m ago
Medial
The Securities and Exchange Board of India (SEBI) fined eight executives from One97 Communications, the parent of Paytm, a total of Rs 3.3 crore for failing to comply with listing regulations. This included seven board directors and the chief compliance officer. The independent directors reportedly did not fulfill their duties concerning benefits for Paytm founder Vijay Shekhar Sharma. The company had incorrectly asserted the absence of a promoter, despite Sharma being one.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
