Paytm management gets Sebi notice over timing of 2023 disclosure on curbing small-value loans
Paytm said in an exchange filing late on Wednesday that its senior executives received a show cause notice from the markets regulator over the timing of its 2023 announcement curbing small personal loans and its classification as unpublished price sensitive information.
The digital payments company’s key management personnel, which include CEO Vijay Shekhar Sharma and CFO Madhur Deora, received the so-called show cause notice from the Securities and Exchange Board of India (Sebi) on Tuesday.
