One97 Communications Limited Announces Resignation of Neeraj Arora as an Independent Director on the Board as Member of the Nomination and Remuneration Committee and Investment Committee
One97 Communications Limited informed that Neeraj Arora resigned as an Independent Director on the Board as member of the "Nomination and Remuneration Committee" and "Investment Committee" of the Company, from the close of business hours with effect from June 17, 2024.
One 97 Communications Limited is an India-based company, which owns the brand Paytm. The Company is engaged in the business of providing payment and financial services, which includes payment facilitator services, facilitation of consumer and merchant loan distribution to consumers and merchants, wealth management, and others. Its services include digital recharge, bill payments, such as utility bills, education and money transfers on the app, online payment gateways as well as offline payment modes to merchants either through Quick Response (QR) codes, Soundbox or Card Machines. It also offers digital distribution of credit, insurance, mutual funds distribution and equity broking. Its other services include deals and gift vouchers, advertising services and loyalty programs for merchants. Its offerings cater to a range of customer requirements, facilitating money transfers, merchant payments, bill payments, e-commerce transactions, and access to other financial services.
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One97 Communications Limited Announces Resignation of Neeraj Arora as an Independent Director on the Board as Member of the Nomination and Remuneration Committee and Investment Committee