Paytm founder, Vijay Shekhar Sharma reappoints as company’s MD and CEO for five additional years

Vijay Shekhar Sharma has been reappointed as Paytm decision maker and Chief officer as ninety nine.67 per cent of shareholders voted in favour of him. One97 Communications restricted (OCL) that owns the whole Paytm, India’s leading digital payments and monetary services company and also the pioneer of QR and mobile payments, recently command its twenty second Annual General Meeting (AGM) the primary as a public listed company.

Director and Chief government Officer” of the corporate. “The ringing votes concerning|of virtually} one hundred per cent in favour of his reappointment reflects investors’ religion within the company’s leadership and additionally shows that they continue to be assured about the company’s growth and profitableness target,” a politician statment aforementioned.

Earlier in might 2022, OCL’s Board of administrators approved the reappointment of Sharma as decision maker. to boot, SEBI, in Feb 2022, had created it voluntary for India Iraqi National Congress to own a separate chairwoman and Managing Director/Chief officer.

In most not bad fifty firms, the decision maker is appointed on a non-rotational basis. The resolution for Sharma’s remuneration received ninety four.48 per cent of votes in favour.

Leave a comment

Your email address will not be published. Required fields are marked *