One 97 Communications Limited has informed the Exchange regarding Change in Auditors of the company.
PAYTM · price
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Paytm's board approved multiple changes at its July 22, 2025 meeting. Ms. Urvashi Sahai, currently General Counsel and SVP-Legal, was appointed as a Whole-time Director (Additional Director and KMP) for 5 years. Madhur Deora will not seek re-appointment as a Director at the upcoming AGM but will continue as President and Group CFO. Independent Director Bimal Julka resigned effective July 22, 2025, citing a desire to pursue interests in emerging technologies. The board also approved appointing Manorview Developers (a wholly owned subsidiary of Adani Infrastructure & Developers) as the EPC contractor for its Noida IT/ITES project on a 10-acre plot, with an estimated development cost of about ₹800 crore over a 60-month timeline. A previous joint development agreement with ACE Builders was dropped due to NOIDA rule issues. Chandrasekaran Associates was appointed as Secretarial Auditor for five years (FY26–FY30).
The board changes are largely continuity-driven: Deora remains CFO, and Sahai is an internal elevation. The ₹800 crore Noida project move signals long-term capital deployment, and partnering with the Adani group adds execution credibility, though it ties the company to a significant multi-year capex.