During the board meet, the board will not only consider results for the June quarter, but also consider an approve a bonus issue of shares for its shareholders. The announcement was disclosed to the exchanges on Wednesday evening after market hours.
This will be the first time since Paytm’s listing in 2021 that the board will be considering a bonus issue of shares.
The company had previously carried out an open market buyback in December 2022, which had a quantum of ₹850 crore.
Quantum of the bonus issue of shares and the record date for the same are yet to be determined.
Paytm had gone public in 2021, listing at a discount to its issue price of ₹2,150 per share, a level it has still not managed to retest. The stock had declined to its record low of nearly ₹300 due to regulatory issues and lack of clarity towards profitability.
However, the stock has more than quadrupled from those record lows, are trading close to 52-week highs, but still remain well below their issue price.
At the end of the June quarter, Mutual Fund shareholding in Paytm increased to 17.94%, while small retail shareholders, or those with authorised share capital of up to ₹2 lakh, trimmed their holdings for the ninth quarter in a row.
Paytm currently has a total of over 7.5 lakh retail shareholders, who own more than 8% stake in the company as of June 30, according to the shareholding pattern of the company uploaded on the Bombay Stock Exchange (BSE).
Shares of Paytm ended 0.5% higher on Wednesday at ₹1,388.7, having made an intraday 52-week high of ₹1,407. The stock has gained 7.5% so far in 2026 but remains 35% below its issue price.
