166 current and former employees of Paytm convert ESOPs to shares

As many as 166 current and former Paytm employees have converted their Employee Stock Options (ESOPs) into shares, the company said in a regulatory filing.

IPO-bound Paytm has one of the largest ESOP pools in the startup ecosystem, and has given out ESOPs as rewards and benefits to employees, who have contributed to the growth of the company.

Paytm has a total paid up capital of Rs 60,69,41,722, with as many as 909 employees who have vested ESOPs with an approximate 14 million options vested.

To attract and retain talented professionals, Paytm last year amended certain aspects of its ESOP