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Paytm Appoints Rajeev Agarwal As Non Executive Independent Director

PRIVATEJun 17, 2024•almost 2 years ago

Position

Director

Company

Paytm

Rajeev Agarwal

BengaluruCommerce and ShoppingFinancial Services

Description

Paytm has appointed Rajeev Krishna Muralilal Agarwal, a former Indian Revenue Service (IRS) officer and whole-time member of the Securities and Exchange Board of India (SEBI), as a non-executive independent director. Agarwal replaces Neeraj Arora, who resigned due to personal commitments.

Company Information

Company

Paytm

Location

Bengaluru, Karnataka, India

About

The deal is subject to regulatory approval, the company said. The company is still awaiting regulatory approval. Bengaluru: IPO-bound Paytm on Wednesday said Zurich-based reinsurance giant Swiss Re will invest Rs 920 crore in its insurance unit Paytm Insuretech Pvt. Ltd (PIT), for a 23% stake. Paytm already has an insurance broking licence through a wholly-owned subsidiary, Paytm Insurance Broking.

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