Paytm’s founder Vijay Shekhar Sharma was re-appointed as the company’s Managing Director and Chief Executive Officer on Saturday.
He has been reappointed to the job for a period of five years, with effect from December 19, 2022, according to the company’s exchange filing.
Madhur Deora, the company’s current Chief Financial Officer, has been appointed as an Additional Director with effect from May 20, 2022, for a five-year term.
On Friday, the firm released its March quarter results. Its net loss increased to Rs 761.4 crore from Rs 441.8 crore in the previous quarter.