Paytm shares shed 2% after Paytm Payments Services CEO and MD Nakul Jain resigns

January 28, 2025

Paytm’s shares fell 1.69% to Rs 767 on January 28, following the announcement of Nakul Jain’s resignation as CEO and MD of Paytm Payments Services (PPSL). The resignation is effective by March 31, 2025, as Jain pursues an entrepreneurial journey. PPSL is actively seeking a replacement, and the new appointment will be announced in due course.

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