Paytm is also seeking approval for the reappointment of Ravi Chandra Adusumalli, Elevation Capital's Founder and Co-Managing Partner.
The adjusted EBITDA margin was 5% in the reporting quarter, up from 3% in the same period last fiscal year.
Paytm Payments Bank (PPBL) restrictions by RBI impacting business significantly.
The Chinese tech investor sold a 2.1% interest in May 2023 for ₹562 Crore. However, since then, the stock price has more than doubled.
The company has acquired a 51% strategic stake in Fintuple.
The company acquired 8,500 CCPS in Visit Internet Services at a consideration of Rs35,75,440/-.
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