One 97 Communications Ltd. executed a substantial block trade on the National Stock Exchange (NSE), with the transaction valued at ₹37.67 crores. The large-scale trade reflects significant institutional activity in the company's shares.

Transaction Details

The block trade involved approximately 286,870 shares, executed at a price of ₹1,313.30 per share. This pricing mechanism ensures efficient execution of large volume transactions without impacting the regular market price discovery process.

Market Implications

Block trades represent pre-negotiated transactions between institutional investors, typically executed outside the regular market hours or through special trading windows. These transactions allow for large volume trades without causing significant price volatility in the regular trading sessions.

The execution of such a substantial block trade indicates active institutional participation in One 97 Communications' stock. These transactions often reflect portfolio rebalancing activities, strategic investments, or divestment decisions by large institutional holders.

About Block Trading

Block trading mechanisms facilitate efficient price discovery for large transactions while minimizing market impact. The NSE block trading window provides institutional investors with a platform to execute significant trades at mutually agreed prices, ensuring smooth settlement of large volume transactions.

One 97 Communications Limited , the parent company of Paytm, has completed the allotment of 1,88,879 equity shares to eligible employees following the exercise of vested stock options under its One 97 Employees Stock Option Scheme 2019 (ESOP 2019). The Nomination and Remuneration Committee approved this allotment on January 03, 2026, at 5:25 A.M. (IST) through circulation.

Share Allotment Details

The key parameters of the share allotment are presented below:

Impact on Share Capital

Following this allotment, the company's capital structure has been updated:

ESOP Scheme Compliance

The ESOP 2019 scheme operates in full compliance with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The scheme was initially filed with stock exchanges on December 6, 2021, and March 8, 2022, with filing numbers 29276 & 30286 for NSE and 143088 & 148040 for BSE.

The newly allotted equity shares rank pari-passu with existing equity shares of the company and carry the ISIN number INE982J01020. These shares are issued in demat form and are not subject to any lock-in restrictions.

Corporate Governance and Employee Benefits

This share allotment represents the company's continued commitment to employee retention and aligning employee interests with shareholder value creation. The ESOP 2019 scheme includes comprehensive provisions for various employment scenarios including death, permanent incapacity, resignation, termination, retirement, and abandonment.

The scheme also provides for adjustments during corporate actions such as rights issues, bonus issues, stock splits, or mergers, ensuring fair treatment of option holders across different market conditions.

One 97 Communications has duly informed both NSE and BSE about this development in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, maintaining transparency with all stakeholders.