Paytm’s board has appointed Manisha Raj Raisinghani as an Additional Non-Executive Independent Director for a five-year term, pending shareholder approval, effective November 4, 2025. The board also approved investing up to INR 2,250 Crores in its subsidiary, Paytm Payments Services Limited (PPSL), to strengthen its net worth and business operations.
New Independent Director Appointed
Manisha Raj Raisinghani (DIN: 06798956) has been appointed as a Non-Executive Independent Director of the company, effective November 4, 2025. The appointment is based on the recommendation of the Nomination and Remuneration Committee, and is subject to member approval. Her term will be for five consecutive years.
Investment in Paytm Payments Services Limited
The Board has approved additional investments in its wholly owned subsidiary, Paytm Payments Services Limited (“PPSL”). The investment will be up to INR 2,250 Crores. The investment will be through subscription to the Right Issue of equity shares.
The goal of the investment is to:
– Strengthen PPSL’s net worth
– Pay for acquisition of offline merchant payment business
– Fund working capital needs
– Support its leadership in the merchant payments business.
Financial Results Approved
The board has also approved the Unaudited Standalone and Consolidated Financial Results for Q2 FY26, based on the recommendations of the Audit Committee.
Source: BSE