Paytm links Vijay Shekhar Sharma's pay to company profit growth
Paytm is updating how it pays its founder and MD & CEO, Vijay Shekhar Sharma, after a recent review showed his compensation was much lower than what other MDs and CEOs of new-age internet companies, financial services, and technology companies from the BSE 100, and a broader BSE 100-company leaders get.
The new plan introduces performance-based pay tied to the company's profit growth, but no extra stock options are being added.
Sharma surrendered ₹2.10 cr ESOPs
Sharma's base remuneration had stayed unchanged since August 19, 2022, and his total remuneration was ₹4.33 crore in FY26.
He gave up 2.10 crore ESOPs in 2025, so he currently has no stock options.
Now, future payouts will depend on how well Paytm performs financially.
The board also wants to link future vesting of employee stock options to performance and revise remuneration for nonexecutive directors, aiming to keep compensation fair and in line with industry standards.