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SUMMARY
In a filing with the exchanges, the company said the move is part of efforts to simplify its group structure, strengthen governance, and improve operational efficiency
As part of the plan, Paytm will acquire about 51.22% equity shares of PFSL from founder Vijay Shekhar Sharma and his entity VSS Investco for up to INR 50 Lakhs
Paytm will also acquire remaining stakes in Paytm Emerging Tech Ltd, Paytm Insuretech, and Paytm Life Insurance from Sharma and his owned entities for up to…
