Paytm s board games
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Paytm, which plans to go public in a few months, has agreed to give its founder
Vijay Shekhar Sharma the right to appoint one member to its board. The agreement, which is subject to Sharma meeting certain conditions, must first be approved by shareholders.
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Paytm’s Sharma can appoint one board member
Paytm CEO Vijay Shekhar Sharma will have ‘protective rights’ to appoint one member to the board, so long as he owns 2.5% equity in the company he founded and continues engagement with it in an executive capacity.
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