Fintech
Paytm share price plunges on SEBI warning
July 16, 2024
Written by FinTech Alliance in Financial Technology
Paytm share price has seen a significant decline following an administrative notice from the Securities and Exchange Board of India (SEBI). The notice was issued to Paytm’s parent company, One97 Communications, due to some undisclosed issues.
Despite this setback, Paytm has assured that there will be no impact on its financials or other operations. The company is working to address SEBI’s concerns and maintain investor confidence while ensuring that its business operations remain unaffected.