Price Waterhouse Chartered Accountants (PwC India) has resigned as the auditor of Paytm Payments Services, the fintech major said in a regulatory filing on Monday. .we wish to inform you that M/s. Price Waterhouse Chartered Accountants LLP . statutory auditors of material subsidiary i.e. Paytm Payments Services Limited (PPSL) have resigned with effect from August 7, 2023, the company added.
Paytm said that the statutory auditors had not raised any concerns or issues and that the company had noted PwC s resignation.
Founder and Chief Executive Officer (CEO) of Fintech giant Paytm’s parent One97 Communications Vijay Shekhar Sharma will purchase a 10.3 per cent stake in the company from Antfin (Netherlands) Holding BV, Paytm said in a regulatory filing on Monday.