Paytm AGM: CEO Vijay Shekhar to reapply for PA license, charts path from losses to profitability – top 10 things to know

Paytm share price: Shares of One97 Communications, the parent company of Paytm, saw a 2 per cent increase during early trading hours after CEO and founder Vijay Shekhar Sharma reiterated the company’s intention to reapply for a payment aggregator (PA) license with the Reserve Bank of India (RBI).

Sharma confirmed in a statement, “We will apply for a payment aggregator license to RBI in due course.”