Tag: voting rights

NEW DELHI: Advisory firm Institutional Investor Advisory Services India (IiAS) in a recent research note has argued that Paytm founder and CEO Vijay Shekhar Sharma should give investors the comfort that he is the promoter of the fintech firm he founded in 2010 and "not someone who is sitting in the shadows".The recent transaction between Ant Group and Sharma allows him control over another 10.3% voting rights of parent entity One 97 Communications which runs Paytm. "This will take his direct voting rights to 19.4%. A further 4.9%...