Paytm seeks shareholders’ nod for related party transactions of Rs 3,250 cr with PPBL – InfowayTechnologies

Paytm’s Postal Ballot notice seeks approval of shareholders for “Approval of Material Related Party Transactions with Paytm Payments Bank Limited”. The voting on the agenda will commence in the morning of February 22 and close on the evening of February 23

The transaction includes availing of services of up to Rs 1,550 crore from the Paytm Payments Bank and rendering of services of up to Rs 1,700 crore to the bank. Source: Reuters

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