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IIT Guwahati Researchers develop low-cost water treatment tech to remove arsenic and fluoride

The system removes two major groundwater contaminants within minutes, offering strong potential for affordable community drinking water treatment at an estimated cost of ₹18–₹58 per 1,000 litres GUWAHATI, 25th August 2026: Indian Institute of Technology Guwahati (IIT Guwahati) researchers have developed a water-treatment technology that can remove arsenic and fluoride simultaneously from contaminated groundwater. This could be a vital contribution towards ensuring safer and affordable drinking water in regions affected by naturally-occurring groundwater pollution. The researchers from IIT Guwahati developed a rotating-anode electrocoagulation (RA-EC) reactor that achieved up to 98.2% arsenate and 91.8% fluoride removal within minutes. The initial demonstration was performed at an estimated operating cost of ₹18–₹58 per 1,000 litres of treated water, depending on contaminant concentration. A Video of Prof. Mihir K. Purkait explaining the research can be viewed and downloaded from – https://drive.google.com/drive/folders/1wWm3tiYjS-ueRnSJO3EQX4uowsJNIT6A The findings suggest that the technology could support a wide range of applications, including community drinking-water purification, decentralised rural water-treatment systems, treatment of arsenic- and fluoride-contaminated groundwater, industrial wastewater remediation and integration with other advanced treatment processes such as adsorption and membrane filtration. The findings were published in Chemical Engineering Journal (DoI: 10.1016/j.cej.2026.178707), a leading peer-reviewed international journal that publishes high-impact research on chemical engineering, materials, energy, environmental technologies, and process engineering. The paper was co-authored by Prof Mihir K. Purkait and Mr. Mukesh Bharti from IIT Guwahati Elaborating on the need for such research, Prof. Mihir Kumar Purkait, Department of Chemical Engineering, IIT Guwahati, said, “Groundwater serves as the primary source of drinking water for millions of people across India. In several regions, however, it contains both arsenic and fluoride, two contaminants that pose significant long-term health risks. Treating them together has remained particularly challenging because they behave differently during conventional purification processes and compete for removal sites.” To address this challenge, the researchers from IIT Guwahati developed a faster and more efficient reactor configuration capable of simultaneously removing both arsenic and fluoride. Instead of using a stationary aluminium electrode, the IIT Guwahati team redesigned the electrocoagulation process by developing a rotating aluminium anode that continuously improves mixing inside the reactor, enhances mass transfer, renews the electrode surface, and promotes the formation of pollutant-capturing aluminium hydroxide flocs. When electricity passes through the reactor, aluminium ions and hydroxide ions combine to form microscopic flocs that bind with arsenic and fluoride, allowing both contaminants to be removed through adsorption, coagulation, and precipitation. The rotating electrode substantially improves the efficiency of this process while reducing electrode passivation, a common limitation in conventional electrocoagulation systems. Further, Mr. Mukesh Bharti, Research Scholar, Department of Chemical Engineering, IIT Guwahati, added, “We systematically evaluated how operating conditions, including rotational speed, current density, electrode spacing, and treatment time, influence performance. Our technology was also tested under realistic groundwater chemistry, including the presence of naturally occurring ions such as calcium, magnesium, bicarbonate, sulphate, and phosphate, as well as real groundwater samples collected from Assam.” The next phase of the research will focus on developing a pilot-scale continuous-flow version of the reactor suitable for practical deployment. Future studies will also incorporate sensor-based automated process control for real-time monitoring of parameters such as pH, conductivity, electrical current, and rotational speed, bringing the technology closer to scalable field implementation. ( Disclaimer: This report is generated from PRO services. ‘ArdorComm Media’ holds no responsibility for its content. )

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BITS Pilani Goa Campus researchers develop pharmaceutical polymer-based bioink for 3D-printed skin scaffolds and customized drug delivery

Study demonstrate a single, affordable hydrogel for tissue engineering and 3D-printed chewable tablets. Goa, 25th August 2026: Researchers at the Birla Institute of Technology and Science (BITS) Pilani, K.K. Birla Goa Campus, have developed a pharmaceutical polymer-based hydrogel for 3D printing using extrusion-based method which has the potential to be used for skin tissue engineering and customised drug delivery. The study, published in the Journal of Biological Engineering, explores the use of pharmaceutical grade polymers, such as starch, maltodextrin and sodium alginate, to create hydrogels that display the desired properties needed to be 3D printed. The method could help to solve some of the issues with traditional bioinks: material variability, safety, high costs, and regulatory approvals. The research was led by Prof. Anasuya Ganguly, along with Mr. Hemant Kumar Bankhede, Ms. Maheswari Sivaravi, Ms. Antara Poi Raiturker, and Ms. Prajakta Praveen Bhende from the Department of Biological Sciences, and Prof. Asima Shaukat, Assistant Professor, Ms. Mamta Keshav Tari, Mr. Sagar B. Kale from the Department of Chemical Engineering, BITS Pilani, K.K. Birla Goa Campus. Developing a printable hydrogel for skin tissue engineering The researchers formulated a hydrogel designed to exhibit the flow and recovery properties necessary for extrusion-based 3D printing. The material demonstrated shear-thinning behaviour, enabling it to flow under the shear applied during printing and subsequently recover its structure after deposition. The study reported 87% thixotropic recovery, indicating its ability to retain the shape and structural integrity of the printed constructs. The researchers also evaluated the biological compatibility of the hydrogel using L929 and HaCaT cells, which are relevant to skin tissue engineering. The formulation demonstrated more than 70% cell viability in the tested cell models. The printed scaffolds also showed blood compatibility, with 5.0% haemolysis reported in the study. Confocal microscopy further provided evidence of cell growth on the crosslinked hydrogel. Prof. Anasuya Ganguly, Department of Biological Sciences, BITS Pilani, said, “This study demonstrates that pharmaceutical-grade polymers can be formulated into hydrogels with properties suitable for 3D bioprinting. The findings provide a promising foundation for exploring a single, versatile platform for applications ranging from skin tissue engineering to customised drug delivery.” Extending the bioink platform to customised drug delivery The researchers further demonstrated the versatility of the formulation by incorporating glimepiride into the hydrogel and using it to produce 3D-printed customised chewable tablets. The printed tablets demonstrated 100.4% content uniformity, indicating consistent drug loading, and exhibited a sustained drug-release profile over four hours. The findings demonstrate how 3D bioprinting could offer greater flexibility in designing oral dosage forms and potentially enable customised formulations based on specific therapeutic requirements. Prof. Asima Shaukat, Assistant Professor, Department of Chemical Engineering, BITS Pilani, said, “By using pharmaceutical polymers that are already established in drug formulation, this work explores how 3D bioprinting can be applied across tissue engineering and drug delivery. Our focus has been on combining material safety, printability and practical applications within a single platform.” Building on pharmaceutical polymers for biomedical application A significant feature of the work is the use of pharmaceutical polymers rather than relying exclusively on specialised or animal-derived biomaterials. The researchers’ approach builds on earlier work exploring pharmaceutical polymers as potential bioinks for soft-tissue engineering and clean bioprinting. While the findings are promising, the study represents a research-stage demonstration rather than a clinically approved treatment or commercially available 3D-printed medical product. ( Disclaimer: This report is generated from PRO services. ‘ArdorComm Media’ holds no responsibility for its content. )

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Nagaland University’s multi-institute international study contributes to strategic AI Governance for ethical decision making & organizational resilience

Researchers propose an integrated framework to strengthen responsible AI in connecting organizational resilience, ethical decision-making, and environmental sustainability in a single model LUMAMI, NAGALAND, 24th August 2026: Nagaland University’s multi-institute international study explored a comprehensive framework that suggests a strategic Artificial Intelligence (AI) system to promote ethical decision making, transparency, environmental sustainability, and organizational resilience in AI- digital platforms. The study suggests that AI is not merely a regulatory tool but a mechanism that supports and enhances stakeholder trust by building an integrated AI with environmental sustainability and long-term organizational performance. As AI continues to shape and transform the decision making in many areas including environmental management sustainability, ethical governance and concerns relating to transparency, accountability, fairness, and gaining public trust have become crucial. The study presents an integrated framework that connects AI governance, organizational resilience, ethical decision-making, and environmental sustainability in a single model. The study used a mixed-methods approach involving 185 managers, sustainability officers, governance experts, and AI specialists from organizations using AI-enabled environmental and digital platform systems. The findings were published in NESciences (Natural and Engineering Sciences) (doi: 10.28978/nesciences.261029), an interdisciplinary research domain that integrates natural sciences and engineering to develop innovative solutions for real-world scientific and technological challenges. The paper was co-authored by an international team comprising Dr. Mohammed Shamsul Hoque, Professor of English and Dean, School of Arts and Social Sciences, Southeast University, Dhaka, Bangladesh, Dr. R. Vasanthan, Associate Professor, Department of English, Nagaland University, Nagaland,Dr. Khriereizhünuo  Dzüvichü, Associate Professor, Department of History, Central University of Tamil Nadu,Dr. Olga Glukhova, Faculty of Linguistics and Journalism, Rostov State University of Economics, Russia,.Dr. P. Shanmuga Sundari, Assistant Professor, School of Computing, SRM Institute of Science and Technology, Tiruchirappalli, Tamil Nadu, India. Highlighting the importance of collaborative research on transformative technologies like AI, Prof. Jagadish Kumar Patnaik, Vice-Chancellor, Nagaland University, said, “As AI increasingly influences decision-making processes across sectors, it is imperative that technological advancement is guided by ethical principles, institutional accountability, and long-term sustainability goals. This research underscores the importance of developing governance mechanisms that promote social responsibility and environmental stewardship while enhancing organizational effectiveness. Such interdisciplinary and international collaborations reflect Nagaland University’s commitment to research excellence and its engagement with contemporary global challenges.” Elaborating on this research Dr. R. Vasanthan said, “Artificial Intelligence has great potential in terms of transforming the organization, it is not simply about regulating technology but it is a strategic approach that helps organizations to use AI responsibly with transparency, accountability while protecting the public interest and ensuring ethical decision making. This study aims to benefit policymakers, industrial leaders and also researchers by providing a practical framework for designing responsible AI strategies that promote sustainable development, strengthen stakeholder trust, and support ethical decision-making in AI-driven organizations.” This research helps scientists: Promote for responsible AI adoption Strengthen organizational resilience through AI governance. Improve transparency, accountability, and stakeholder trust. Support sustainable environmental management through AI ( Disclaimer: This report is generated from PRO services. ‘ArdorComm Media’ holds no responsibility for its content. )

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Delhi Government Gives Approval Letters to 4,000 Women Under Lakshmi Yojana

The Delhi Government has distributed approval letters to 4,000 eligible women under the Delhi Lakshmi Yojana, with 2,500 beneficiaries receiving the letters at a formal ceremony. Under the scheme, eligible women will receive financial assistance of ₹2,500 every month. Delhi Lieutenant Governor Taranjit Singh Sandhu described the initiative as an important step towards strengthening women’s welfare, dignity and empowerment, while emphasising their role in the social and economic development of the country. The government has finalised a two-part mechanism for disbursing the monthly assistance. Of the ₹2,500, ₹1,000 will be provided every month through a digital wallet, while ₹1,500 will be placed in a fixed deposit, with the interest to be borne by the government. Chief Minister Rekha Gupta said the scheme would help women meet essential expenses, including children’s education and care, household needs, and requirements related to livelihoods and business activities. Around 9.13 lakh women registered for the scheme, while more than 6.52 lakh applications were submitted. The government said the monthly assistance will be credited directly to the bank accounts of eligible beneficiaries from September 1. The Delhi Budget for 2026-27 has allocated ₹5,110 crore for the scheme. The government said the strong response to the initiative reflects women’s confidence in the programme and reinforces its commitment to expanding opportunities, financial security and empowerment across the capital. Source: News on AIR  

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Adani Group Plans 2,000-Bed Hospital in Bengal, Half the Beds to Be Free

The Adani Group is set to establish a 2,000-bed hospital in New Town near Kolkata, with 1,000 beds earmarked to provide free treatment to economically weaker patients. West Bengal Chief Minister Suvendu Adhikari described the proposed healthcare facility as a major development for the state. He said Adani Group director Karan Adani had met him regarding the project, following which the state government provided written approval. According to Adhikari, half of the hospital’s 2,000 beds will be reserved for free treatment for poor patients, while the remaining 1,000 beds will operate on a commercial basis. He also said Adani Group chairman Gautam Adani has sent a commitment letter indicating the conglomerate’s intention to commence work on the project soon. The proposed hospital is expected to strengthen healthcare infrastructure in the New Town area and expand access to medical treatment for underprivileged sections of society. Source: PTI  

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IIT Kanpur gets Rs 300 crore contribution from IndiGo co-founder Rakesh Gangwal for medical school

The Indian Institute of Technology (IIT) Kanpur has received a Rs 300-crore contribution from its alumnus and IndiGo co-founder Rakesh Gangwal to support the development of the Gangwal School of Medical Sciences and Technology. With the latest contribution, Gangwal’s total financial support for the institution has reached Rs 400 crore, following his earlier donation of Rs 100 crore in 2022. The latest funding is aimed at accelerating the development of the medical school and strengthening IIT Kanpur’s vision of bringing engineering, science, technology and medicine together. Gangwal has also committed to providing matching grants of up to Rs 300 crore against contributions from other donors supporting the school’s development, the institute said. The planned medical campus is set to feature a 500-bed super-speciality hospital within the IIT Kanpur campus. The institute has also proposed a 200-bed cancer care and research centre. The facilities are expected to support medical education, clinical research and healthcare services while encouraging collaboration between medical professionals, scientists, engineers and technology experts. The Gangwal School of Medical Sciences and Technology focuses on medical education, healthcare research, clinical innovation and MedTech development. Its academic and research priorities include advanced medical programmes, interdisciplinary research, futuristic healthcare solutions and MedTech innovation. IIT Kanpur Director Manindra Agrawal thanked Gangwal for his continued support, noting that his initial Rs 100-crore contribution in 2022 helped the institute begin implementing its plans for the medical school. He said the latest Rs 300-crore contribution would help accelerate the realisation of the institute’s long-term vision. Gangwal said he considered it an honour and privilege to support the initiative, describing the medical school as an innovative and first-of-its-kind institution aimed at integrating multiple disciplines to advance healthcare. Source: Indian Express

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Netflix, IICT announce scholarships for 100 students and professionals across six creative programmes

The Indian Institute of Creative Technologies (IICT) and Netflix have announced scholarships for 100 students and working professionals across India, covering up to 80% of course fees for six programmes in animation, visual effects, gaming and comics. The initiative is part of the Netflix India Storytelling Initiative, launched earlier this month after Netflix Co-CEO Ted Sarandos met Prime Minister Narendra Modi during his India visit. The programme seeks to strengthen India’s creative talent pipeline by providing industry-oriented training across the Animation, Visual Effects, Gaming and Comics (AVGC) ecosystem. The scholarships will cover two one-year diploma programmes — Interactive Comics & Sequential Arts and Visual Effects Mastery — along with four six-month certificate courses in Virtual Art Department Content Creation, Media Tech Workflow, Art of Character Animation, and E-Sports & Gaming Management. Supported by the Netflix Fund for Creative Equity, the scholarships are available to both students and working professionals from across the country. Netflix is also involved in shaping the academic content of the programmes. The company has contributed to the curriculum for IICT’s Visual Effects Mastery and Media Tech Workflow courses, with an emphasis on current industry workflows, technologies and professional practices. The partnership is aimed at strengthening the connection between India’s expanding creative talent pool and the evolving requirements of the global AVGC-XR industry. Chanchal Kumar, Secretary, Ministry of Information & Broadcasting and Chairman of the IICT Board, said the collaboration would bring industry expertise into academic training and help prepare professionals for the changing global creative sector. Monika Shergill, Vice President, Content, Netflix India, said the initiative would provide aspiring storytellers with access to specialised training in animation, visual effects, gaming and comics, while exposing them to industry expertise. Dr Vishwas Deoskar, CEO of IICT, said the partnership would help incorporate industry perspectives into curriculum development, professional workflows and the skills expected from students. The initiative has also received support from the broader AVGC-XR industry. Munjal Shroff, Chairman of the FICCI AVGC-XR Forum and Co-Founder and COO of Graphiti Studios, said industry-linked talent development would be important for India’s ambitions in the AVGC-XR sector. IICT is India’s national centre of excellence for the AVGC-XR sector and was established by the Ministry of Information & Broadcasting in collaboration with the Government of Maharashtra, FICCI and CII. The institute currently operates from the NFDC Complex on Pedder Road in Mumbai, while its permanent 10-acre campus is being developed at Film City, Goregaon. The 100 scholarships across six specialised programmes are intended to combine financial support with practical, industry-focused education, creating new opportunities for talent entering India’s animation, VFX, gaming, comics and emerging creative technology sectors.  

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ArdorComm Digital Bharat Education Conclave 2026 held on 21st August 2026 in New Delhi

The ArdorComm Digital Bharat Education Conclave 2026, organised by ArdorComm Media Group, brought together leading educators, academicians, policymakers, government dignitaries, EdTech innovators, startups and industry experts to deliberate on the future of India’s education ecosystem in the age of artificial intelligence, digital transformation and emerging skills. Held under the theme “Digital Bharat 2030: Powering Education Ecosystem through AI, Skill & Innovation,” the conclave provided a platform for education leaders from across the country to exchange ideas, share successful practices and explore how technology and innovation can accelerate the transformation of Indian education. The event featured 5+ engaging panel discussions and 60+ speakers, with participation from leaders representing school education, higher education, government, EdTech, startups and the broader education ecosystem. With 150+ school education leaders and 150+ higher education leaders in attendance, the conclave created meaningful conversations around the opportunities and challenges shaping the next decade of learning. Reimagining Education for Digital Bharat 2030 The discussions at the conclave highlighted how India’s education system is moving beyond conventional technology adoption towards a more intelligent, personalised and outcome-driven ecosystem. Artificial Intelligence emerged as one of the central themes across conversations, with speakers examining its potential to transform teaching, learning, assessment, student engagement and institutional decision-making. At the same time, participants emphasised that technological advancement must be accompanied by responsible implementation, transparency, inclusivity and strong digital literacy. The conclave also explored the importance of developing future-ready skills as education increasingly intersects with rapidly evolving industry requirements. From employability and career readiness to curriculum transformation, the discussions underscored the need for stronger collaboration between educational institutions, policymakers and industry. Industry Leaders and Keynote Speakers The summit commenced with an inspiring Inaugural Session centered around the theme “Digital Bharat 2030: Powering Education Ecosystem through AI, Skill & Innovation.” The session featured a warm Welcome Address by Kumar Chandan Anand, Founder, CEO & Group Editor, ArdorComm Media Group, followed by insights from Guest of Honour Prof. Anil D. Sahasrabudhe, Chairman, National Educational Technology Forum (NETF) and National Board of Accreditation (NBA). The session also featured Guest Speakers Kunwar Shekhar Vijendra, Co-founder & Chancellor, Shobhit University and Chairman, ASSOCHAM National Council on Education, and Dr. S. K. Rathor, Founder, Chairman & MD, Sanfort Group of Schools, who shared their perspectives on the evolving education landscape and the role of technology, skills and innovation in shaping a future-ready India. The first panel discussion focused on “NEP2020 for Viksit Bharat: The Blueprint Aligning Policy, Process & Innovation for National Growth,” bringing together education leaders to deliberate on the implementation of NEP 2020 and its role in shaping a future-ready education ecosystem. The session was moderated by Dr. Sujeet Eric Masih, Principal, Apeejay School, Saket, New Delhi. The panel featured Prof. Basuthkar Jagadeeshwar Rao, Pro Chancellor & Vice-Chancellor, SGT University, Gurugram; Prof. (Dr.) Ajay Rana, Director General, AMITY University, Greater Noida, Uttar Pradesh; Tijay Gupta, Co-founder & COO, Bachpan & AHPS Group of Schools; Prof. Ankur Gill, Director of Operations, Swami Vivekanand Group of Institutions, Chandigarh; Mary Mahendri, Principal, GEMS Millennium School, Gurugram, Haryana; and Tripti Tiwari, Principal, Lawrence Academy, Gulaothi, Bulandshahr. The second panel discussion explored “Building Future-Ready Schools: From Smart Campuses to Intelligent Education Ecosystem,” bringing together school education leaders to discuss how technology, innovation and intelligent infrastructure can transform learning environments and prepare schools for the future. The session was moderated by Amol Arora, MD, Shemrock & Shemford Group of Schools. The panel featured Manish Rastogi, Group CEO & Director, Zee Learn Limited; Abhishek Rathor, COO, Sanfort Group of Schools; Bindu Sangwan, Founder Principal, The Gurukulam School, Jaipur; and Neha Singh, Director, St. Kabir’s School & Siddharth International School, Hisar. The third panel discussion focused on “Reshaping HEIs Beyond Degrees: Reimagining Employability, Skills & Career Readiness in the AI Age,” bringing together eminent higher education leaders to explore how institutions can move beyond traditional degrees and equip learners with the skills, competencies and adaptability required for an evolving world of work. The session was moderated by Dr. Amit Gupta, Chairman, Jagannath International Management School (JIMS), New Delhi. The panel featured Dr. Picheswar Gadde, Chancellor, Lingaya’s Vidyapeeth (Deemed to be University), Faridabad; Prof. (Dr.) Tankeshwar Kumar, Vice Chancellor, Central University of Haryana, Mahendergarh; Vinita Rohera, Managing Trustee, Gandhinagar University, Gandhinagar; Prof. (Dr.) VR Raghuveer, Vice-Chancellor, SRM University Delhi-NCR, Sonepat; and Prof. Buta Singh Sidhu, Vice Chancellor, Shobhit University, Gangoh. The fourth panel discussion addressed “Responsible AI for Student Enrollment: Balancing Innovation, Transparency and Trust in Higher Education,” examining how artificial intelligence can transform student enrollment and engagement while ensuring transparency, accountability and trust across higher education. The session was moderated by Abhay Gupta, Founder & Chairman, Luxury Connect Business School, Gurugram. The panel featured Prof. (Dr.) Shalya Raj, CEO, Swami Vivekanand Subharti University, Meerut; Dr. R. D. Patidar, Vice Chancellor, O. P. Jindal University, Raigarh; Siddhartth Singh, Director – Sales, Meritto; Dr. Manoj Manuja, Vice Chancellor, Geeta University, Panipat; and Prof. (Dr.) Arun Garg, Vice Chancellor, MVN University, Palwal. The fifth panel discussion focused on “Digital Divide Challenge: Ensuring Inclusive, Accessible & Equitable Education for Every Learner,” bringing together higher education leaders to examine the challenges of unequal access to digital infrastructure, technology and quality learning opportunities. The session was moderated by Prof. (Dr.) Satish Chander Sharma, Pro Vice Chancellor, Babu Banarasi Das University, Lucknow. The panel featured Prof. (Dr.) P.N. Hrisheekesha, Vice Chancellor, Dr. K. N. Modi University, Ghaziabad; Dr. Manju Gupta, Vice Chancellor, Glocal University, Saharanpur; Dr. Parma Nand, Vice Chancellor, Sharda University, Agra; Prof. (Dr.) Jayanand, Pro Vice Chancellor, Shobhit University, Meerut; and Prof. (Dr.) Pankaj Kumar Mishra, Pro Vice Chancellor, IIMT University, Greater Noida. The summit concluded with a thoughtful Valedictory Session, featuring Special Guest Dr. Anup Kumar Rajput, Department of Elementary Education, NCERT, Ministry of Education, Government of India. The session reflected on the key insights and discussions from across the conclave, highlighting the collective vision for a more inclusive, innovative and future-ready education ecosystem. The event concluded with a Thank You Note by Kumar Chandan Anand, Founder, CEO & Group Editor,

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PM Modi Urges Space Startups to Build Ecosystem That Draws Global Talent to India

Prime Minister Narendra Modi has called on India’s space-sector startups to sustain their momentum and help create a strong ecosystem capable of attracting space professionals and innovators from around the world. During an interaction with CEOs of space-sector startups, Modi said the growing confidence shown by these companies in the government reflects the sector’s expanding potential. He urged industry leaders to remain focused on their efforts and contribute towards building an environment where global talent views India as a preferred destination to develop careers and pursue opportunities in space technology. The Prime Minister highlighted India’s competitive cost advantage, availability of skilled talent and growing culture of risk-taking as key strengths of the country’s space industry. He said the combination of these factors could enable India to emerge as a major global player in the space sector in a relatively short period. Source: News on AIR  

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Paytm Tightens ESOP Vesting Rules, Links Employee Rewards More Closely to Performance

One 97 Communications, the parent company of digital payments platform Paytm, has proposed changes to its employee stock option scheme that would make future ESOP vesting more closely dependent on employee and business performance, without increasing the existing option pool. According to the company’s notice for its 26th Annual General Meeting, amendments to the One 97 Employees Stock Option Scheme 2019 will introduce a graded vesting structure. The proposed changes will require stronger performance for employees to receive the full number of options eligible for vesting. The amendments will require shareholder approval through a special resolution. Under the current system, employees rated “Meets expectation” or higher were generally eligible to receive 100% of the options due for vesting, while those below that rating were not eligible. The revised framework will instead assess employees through a broader review covering role-specific key result areas, business and company performance, as well as future potential. Following this assessment, employees will receive an ESOP rating approved by the CEO. Employees rated “Meets expectation” or above could receive between 10% and 100% of their eligible options, depending on their performance. Paytm said the revised system is intended to make ESOP allocation more stringent and differentiated. The changes will apply only to future ESOP grants. Options already granted under the 2019 scheme will continue under their existing terms, with no changes to the rights of current option holders. Paytm also clarified that the revision will not increase the company’s ESOP pool or cause additional dilution. As of the AGM notice, around 2.67 crore options remained available for grant under the scheme, including options that could return to the pool due to lapses, surrender or other circumstances. Each option can be converted into one equity share with a face value of ₹1. The basic vesting timeline will also remain unchanged. Future options can vest over a period beginning one year after the grant and extending up to five years, as determined by the Nomination and Remuneration Committee. Continued employment will remain a prerequisite for vesting. Paytm said the proposed amendments are aligned with SEBI’s regulations governing share-based employee benefits and listing requirements, while seeking to strengthen the connection between employee incentives, individual performance and long-term shareholder value. Source: IANS

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