BSE seeks clarification from Paytm following a steep drop in its share price

The Bombay Stock Exchange yesterday evening issued a query to One97 Communications Limited, the parent company of fintech unicorn Paytm, regarding the stock's consistent decline.

"The Exchange has sought clarification from One 97 Communications Ltd on March 22, 2022, with reference to significant price movement, to ensure that investors have the most up-to-date relevant information about the company and to inform the market so that investors' interests are protected," the BSE said in a corporate announcement.

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