PwC Resigns as Auditor of Paytm’s Subsidiary, SR Batliboi Steps In

  • One 97 Communications Limited announced PwC’s resignation as auditor of Paytm Payments Services Limited (PPSL) effective August 7.
  • SR Batliboi & Associates has replaced PwC as statutory auditors from the same date.
  • Paytm’s CEO entered into a no-cash deal, subsequently increasing his stake in Paytm making One97 a majorly Indian-owned firm.
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