Vijay Shekhar Sharma to continue as Paytm's MD & CEO for another 5 yrs

Around 99.67% shareholders voted in favour of his reappointment

Vijay Shekhar Sharma has been reappointed managing director (MD) and chief executive officer (CEO) of One 97 Communication (OCL) — the parent company of digital payments app Paytm. Around 99.67 per cent of shareholders voted in favour of Sharma’s reappointment.

Sharma will continue to serve as MD and CEO of the company for another five years, Paytm had said in a statement. In May 2022, OCL’s board of directors had approved the reappointment of Sharma.

OCL held its 22nd annual general meeting (AGM) on Friday, the first as a public listed company.

The meeting hogged the limelight after three domestic