Paytm shareholders approve re-appointment of Vijay Shekhar Sharma as MD

Shareholders of One97 Communications have approved the re-appointment of Vijay Shekhar Sharma as managing director and chief executive officer of Paytm. According to the scrutinizer report, 99.67% votes were in favour of Sharma’s re-appointment while only 0.33% voted against the resolution.

Remuneration of Vijay Shekhar will be remain fixed for the next three years without any annual increment.

Paytm founded: August 2010, Noida