Current Affairs · Corporate Governance & Penalties
Paytm CEO Vijay Shekhar Sharma settled a case with SEBI over Employee Stock Option Plans (ESOPs). What penalty was imposed on him under this settlement?
- 1'57.11 lakh fine and a 1-year ban on ESOPs
- 2'1.1 crore fine and a 3-year ban on ESOPs✓
- 3'1 crore fine and a 2-year ban on ESOPs
- 4'5 crore fine and a 5-year ban on ESOPs
Correct answer
'1.1 crore fine and a 3-year ban on ESOPs
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