FinanceRepublic World
Paytm Stock Falls 1% After Board Rejects Bonus Issue Proposal
in5points
Paytm's parent company, One97 Communications, saw its stock fall nearly 2% on July 21 after its board rejected a bonus issue proposal.
Paytm posted a strong financial performance for the quarter ended June 2026 (Q1 FY27).
The bonus issue proposal was rejected by the board, leading to the stock decline.
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