Paytm seeks to raise Vijay Shekhar Sharma’s salary after independent review finds pay below peers

Paytm is seeking to reset Vijay Shekhar Sharma’s compensation after keeping his base remuneration unchanged since 2022. An independent benchmarking exercise commissioned by the company found his fixed pay, variable pay and ESOP compensation below the median of comparable executives. The proposed structure introduces performance-linked variable pay, while offering no fresh stock options to Sharma.