Paytm CEO, CFO Get SEBI Notice Over Timing of 2023 Small Loan Disclosure

(One97 Communications) said SEBI has issued a show-cause notice to CEO Vijay Shekhar Sharma, CFO Madhur Deora and other key managerial personnel. The notice questions the timing of the company’s December 6, 2023 disclosure on curbing small personal loans below ₹50,000 and its classification as unpublished price-sensitive information. The announcement had followed RBI’s tightening of unsecured lending norms and led to a sharp stock decline. Executives have 14 days to respond; the company expects no financial impact. **Top stocks in the fintech / digital payments industry:** PB Fintech, One MobiKwik Systems, and Infibeam Avenues.