Gupta, together with the corporate’s chief monetary officer Madhur Deora, comprised the highest deck of the Noida-headquartered firm.
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At 9.35 am, shares of One 97 Communications have been buying and selling at Rs 355.50 apiece, practically 4% down from its earlier shut on the BSE.
The corporate has a decrease circuit of 5% at Rs 351.70 per share.
Gupta will likely be transitioning into the position of advisor to Paytm founder and CEO Vijay Shekhar Sharma’s workplace.
Together with Gupta, Varun Sridhar, CEO of Paytm Cash, has additionally moved into a distinct position throughout the group. He has been appointed CEO of Paytm Companies, a subsidiary entity devoted to distributing mutual funds and wealth merchandise. Paytm Cash has a brand new CEO in Rakesh Singh, who was beforehand with PayU-backed wealth tech startup Fisdom.
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