One 97 Communications, the parent company of Paytm, announced significant board and senior management changes on July 3, 2026. The company appointed two seasoned industry veterans, Mr. Narasinganallore Venkatesh Srinivasan and Ms. Sachee Trivedi, as Non-Executive Independent Directors for a three-year term. Additionally, several key executives were designated as additional Senior Management Personnel, bolstering the company’s leadership team as it pursues growth and profitability.
Paytm Strengthens Board with Independent Directors
One 97 Communications Limited (Paytm) has announced key appointments to its Board of Directors, aimed at enhancing governance and steering the company through its next phase of growth and profitability. At a meeting held on July 3, 2026, the Board approved the appointment of two distinguished professionals as Non-Executive Independent Directors. These appointments are subject to shareholder approval at the upcoming Annual General Meeting.
New Independent Directors Bring Extensive Experience
The newly appointed directors include Mr. Narasinganallore Venkatesh Srinivasan (DIN: 01893686) and Ms. Sachee Trivedi (DIN: 11767043). Both will serve for a term of three consecutive years, commencing July 5, 2026.
Mr. Srinivasan brings over four decades of experience in finance, capital markets, banking, risk, and treasury management, having held leadership roles at IDBI and the Association of Mutual Funds in India (AMFI). His expertise spans financial modeling, mergers, and bank turnarounds.
Ms. Trivedi, Founder and Managing Partner of Trident Capital Investments, offers over two decades of experience in global equities investing and regulatory advisory across the US and Europe, with a strong background in technology. She also holds leadership positions within Luxembourg’s business organizations.
Leadership Transitions and Additions
In a separate development, the Board accepted the resignation of Ms. Urvashi Sahai from her position as Whole-time Director and Key Managerial Personnel, effective July 5, 2026. Ms. Sahai will continue to serve the company in her existing executive capacity as General Counsel & Senior Vice President – Legal and will be designated as Senior Managerial Personnel from July 6, 2026. The Board expressed its deep appreciation for her valuable guidance.
Furthermore, the company has designated Mr. Anuj Mittal (Senior Vice President – Investor Relations), Mr. Avijit Jain (Senior Vice President & Chief Operating Officer – Loan distribution), and Mr. Vikash Jalan (Chief Operating Officer – Consumer Payments) as additional Senior Management Personnel. These designations are effective from July 3, 2026, based on the recommendation of the Nomination and Remuneration Committee.
The company confirmed that these disclosures are in accordance with SEBI Listing Regulations and that the relevant details are enclosed as annexures. The disclosure will also be hosted on the company’s investor relations website.
Source: BSE
