Luthra and Luthra

Is Paytm’s Vijay Shekhar Sharma eligible to get ESOPs? Proxy advisory IiAS wants Sebi to intervene.

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Partner, Harish Kumar recently shared his views with The Economic Times on the questions raised by the advisory firm on the legitimacy of granting the ESOPs by Paytm to its Founder and CEO, Vijay Shekhar Sharma, who was not classified as a promoter by the company in its pre-IPO red herring prospectus and exchange filing.

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