Vijay Shekhar Sharma

Sharma announced at the Cypher 2026 conference in Bengaluru that he would personally back Indian founders building their own AI models with INR 1-2 crore per founder. He said the amount could rise if more serious builders came forward, and offered access to Paytm's distribution network to help them reach customers.

Paytm announced it would link its founder and CEO's variable pay to profit after tax growth, following an independent benchmarking review that found his compensation was well below peers. No new stock options are being granted under the revised structure. His total remuneration for FY26 was reported at Rs 4.33 crore.

Paytm disclosed that Resilient Asset Management BV, a Netherlands-based vehicle fully owned by Vijay Shekhar Sharma, planned to sell up to a 4.98% stake in the company. The company said Sharma's direct shareholding would remain unchanged and that he would not personally gain financially from the proposed sale.

Paytm reported its first full-year profit in FY26 under Vijay Shekhar Sharma's leadership, marking a major turnaround for the company. The parent firm One97 Communications posted a profit after tax of Rs 552 crore, supported by a 22 percent rise in revenue and a swing to positive EBITDA.

One97 Communications, Vijay Shekhar Sharma, and his brother Ajay Shekhar Sharma settled a SEBI case related to employee stock options. As part of the settlement, they paid a combined Rs 2.8 crore, and Sharma was barred from accepting fresh ESOPs from any listed company for three years.