One 97 Communication (OCL), the parent company of digital payments app Paytm, has reappointed Vijay Shekhar Sharma as managing director (MD) and chief executive officer (CEO). Approximately 99.67% of shareholders voted in favour of Sharma’s reappointment.
Sharma will remain as the company’s MD and CEO for another five years, according to a statement from Paytm. Sharma’s reappointment was approved by OCL’s board of directors in May 2022. On Friday, OCL held its 22nd annual general meeting (AGM), its first as a publicly traded company. The meeting took centre stage after three domestic proxy firms objected to Sharma’s reappointment as MD & CEO of the company.
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One 97 Communication (OCL), the parent company of digital payments app Paytm, has reappointed Vijay Shekhar Sharma as managing director (MD) and chief executive officer (CEO). Approximately 99.67% of shareholders voted in favour of Sharma’s reappointment.
Sharma will remain as the company’s MD and CEO for another five years, according to a statement from Paytm. Sharma’s reappointment was approved by OCL’s board of directors in May 2022. On Friday, OCL held its 22nd annual general meeting (AGM), its first as a publicly traded company. The meeting took centre stage after three domestic proxy firms objected to Sharma’s reappointment as MD & CEO of the company.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
