The proposal is yet to be approved and will require the necessary clearances, the company said in a stock exchange filing. Paytm has not disclosed the proposed bonus ratio or record date, which are expected to be decided by the board if it approves the plan.

Shares of One 97 Communications Limited (Paytm) were trading higher on Thursday, touching an intraday high of ₹1,395.90 on the National Stock Exchange before paring gains to…

Paytm parent One97 Communications will consider its first-ever bonus share issue alongside its June-quarter results on July 20. The proposal comes after the company reported its…