The notice pertains to Sharma’s classification as a promoter, which SEBI claims violated regulatory norms
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PayTM has set the non-executive level compensation at Rs 48 lakh, with a fixed portion of Rs 20 lakh, as part of the revised remuneration structure pending shareholders' approval, according to the company
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As per media reports, One97 Communications, Paytm's parent company, stated that these services will remain accessible on the Paytm app for up to 12 months during the transition period
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This latest ESOP allotment follows similar offerings in recent months, including 6,000 shares in July and 2,81,394 shares in June
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Sebi Chairperson Madhabi Puri Buch reiterated the importance of maintaining rigorous KYC standards, hinting at further measures to strengthen market integrity.
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The Soundbox consolidates mobile and card payment functionalities into a single device, mitigating the need for merchants to manage multiple machines
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Given Paytm’s early state of evolution, BOFA anticipates the company achieving EBITDA breakeven in FY28. Brokerage Morgan Stanley took a cautious approach and said pending regulatory approvals could affect the smooth implementation of the company’s new strategy in the near term
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Sebi's letter highlighted discrepancies between the company's stated compliance and the transactions considered material (RPTs) by the Board and Audit Committee
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A separate unit, Paytm Payments Bank, is facing problems by order of the central bank due to persistent non-compliance triggering a meltdown in Paytm's stock
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Dismissing misleading media reports claiming that Paytm's leadership has decided to abandon licensed business in favor of a distribution model, the company refuted stating that no such decision or communication has been made regarding a change in its operating strategy
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