Paytm now only has Vijay Shekhar Sharma as a Significant Beneficial Owner.
With Antfin’s ownership of One97 Communications Limited (OCL), which controls Paytm, dropping from 23.79% to 9.90%, Vijay Shekhar Sharma is now the only Significant Beneficial Owner.
Owner of a company in Bengaluru joins a competing company and steals contracts worth ₹70 lakh
The CEO and MD of Kotak Mahindra Bank, Uday Kotak, resigns.
According to Paytm, no one connected to Antfin will be eligible to be a Significant Beneficial Owner. Sharma would remain a non-promoter while owning 19.42% of Paytm’s shares.
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