Paytm Defers Maiden Bonus Share Issuance to Prioritize Long-Term Growth
One97 Communications Ltd., the parent company of the fintech platform Paytm, has officially deferred its proposal for a maiden bonus share issuance. During a board meeting held on July 20, the company opted to prioritize long-term capital allocation for business growth and profitability over the issuance of bonus shares to shareholders. The company confirmed this … Read more