Vijay Shekhar Sharma Reappointed Paytm MD and CEO: Vijay Shekhar Sharma has once again been retained as the Chief Executive Officer of the country’s largest digital payment company Paytm. That is, now his chair is saved. Today was a very important day for Paytm founder Vijay Shekhar Sharma. Due to the decline of Paytm’s stock, there was talk of removing Vijay Shekhar from his post. A shareholder meeting was held today regarding this. In which this matter was decided, he was elected to his post.
Shareholders in favor of 99.67 per cent
Vijay Shekhar has once again won the hearts of investors in the Annual General Meeting of Paytm. After which he will now continue as CEO. 99.67 percent shareholders have cast their vote in favor of Vijay Shekhar.
60 percent drop
Let us tell you that last year the market value of the listing has come down by about 60 percent. After the fall, questions are being raised on the leadership of Vijay Shekhar Sharma. With the full support of the shareholders, the company approved the proposal to appoint Vijay Shekhar Sharma as CEO and MD.
these questions arise
It is known that there was a fall in the stock of Paytm company, due to which the investors have suffered heavy losses. After this, questions have started being raised on the business model of Paytm. People say that the company has not garnered customers through its services but by giving cashback.
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