One 97 Communications Allots 2,17,265 Equity Shares Under Employee Stock Option Schemes

One 97 communications has completed the allotment of 2,17,265 equity shares to eligible employees under its Employee Stock Option Schemes on March 03, 2026. The allotment was approved by the company's Nomination and Remuneration Committee through circulation at 10:25 a.m. (IST) and represents the exercise of vested stock options by employees. ESOP Scheme Breakdown The share allotment was distributed across two of the company's employee stock option schemes: ESOP Scheme Shares Allotted One 97 Employees Stock Option Scheme 2019 2,17,207 One 97 Employees Stock Option Scheme 2008 58 Total 2,17,265 All allotted shares carry a face value of ₹ 1.00 each and have been issued as fully paid-up equity shares to eligible employees upon exercise of their vested options. Impact on Share Capital The allotment has resulted in an increase in the company's issued, subscribed and paid-up equity share capital: Parameter Before Allotment After Allotment Share Capital ₹ 63,98,28,416 ₹ 64,00,45,681 Number of Shares 63,98,28,416 64,00,45,681 Face Value per Share ₹ 1.00 ₹ 1.00 Share Details and Exercise Terms The exercise price for the stock options was set at ₹ 9.00 per share, with a premium of ₹ 8.00 per share. The newly allotted shares carry distinctive numbers from 65,53,95,163 to 65,56,12,427 and are issued in demat form under ISIN number INE982J01020. Regulatory Compliance The allotment was conducted in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has filed the required statement under Regulation 10(c) of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 with both NSE and BSE. Key regulatory aspects include: No lock-in restrictions apply to the newly allotted shares Shares rank pari-passu with existing equity shares Full compliance with SEBI listing regulations maintained Disclosure hosted on company website at ir.paytm.com The allotment reflects the company's ongoing commitment to employee participation through equity-based compensation schemes, with the total issued share capital now standing at ₹ 64,00,45,681 across 64,00,45,681 equity shares. One 97 communications has announced that its wholly-owned subsidiary, Paytm Insurance Broking Private Limited (PIBPL), has successfully obtained a renewal of its insurance broking license from the Insurance Regulatory and Development Authority of India (IRDAI). The announcement was made through a regulatory filing under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. License Renewal Details The IRDAI has issued a renewed license to PIBPL under the Direct (Life & General Insurance Broker) category. The license carries registration number 700 and is dated February 09, 2026. PIBPL received the license on February 10, 2026 at 1:01 pm IST. Parameter: Details License Number: 700 Issue Date: February 09, 2026 Received Date: February 10, 2026 at 1:01 pm IST Category: Direct (Life & General Insurance Broker) Validity Period: February 17, 2026 to February 16, 2029 Regulatory Compliance and Impact The license renewal ensures that PIBPL maintains regulatory compliance and can continue its insurance broking operations without interruption. As a wholly-owned subsidiary of One 97 Communications Limited, PIBPL's financial results are consolidated line-by-line with the parent company's financial statements. The renewal safeguards PIBPL's contribution to the consolidated financial performance of One 97 Communications Limited. The company emphasized that this renewal ensures uninterrupted continuance of PIBPL's operations, thereby protecting its role in the group's overall business strategy. License Validity and Conditions The renewed certificate of registration will remain valid for a three-year period, from February 17, 2026 to February 16, 2029. The license has been issued subject to standard regulatory conditions, requiring PIBPL to comply with: All provisions of the Insurance Act, 1938 Insurance Regulatory and Development Authority Act, 1999 Rules and regulations made under these acts Guidelines, circulars, and directions issued by IRDAI from time to time Corporate Disclosure The disclosure was signed by Sunil Kumar Bansal, Company Secretary and Compliance Officer of One 97 Communications Limited, and has been made available on the company's investor relations website at ir.paytm.com. The announcement fulfills the company's obligations under SEBI listing regulations for material events affecting subsidiary operations. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. 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