Paytm buyback capital return to shareholders, says advisory firm; comapny says focussed on building value - Shahpur Turk CSC - Common Service Centre in Sonipat Paytm buyback capital return to shareholders, says advisory firm; comapny says focussed on building value

17 December 2022

Paytm buyback capital return to shareholders, says advisory firm; comapny says focussed on building value

Proxy advisory firm IiAS has said that the One97 Communications share buyback plan is essentially a return of equity capital to its shareholders as the company has been reporting cash losses every year, while the digital financial services firm said that it remains focussed on building long-term value for stakeholders.

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