
Paytm’s Sharma settles Sebi case, barred from new Esops for 3 years
Vijay Shekhar Sharma, the founder and managing director of One97 Communications Ltd, has settled a regulatory probe initiated by the Securities and Exchange Board of India (Sebi) over alleged irregularities in the grant of employee stock options (Esops) ahead of the fintech’s 2021 initial public offering. Sebi accepted revised terms proposed by Sharma, his brother…