Meeting Details

The 26th Annual General Meeting was held on Tuesday, September 15, 2026, at 09:30 a.m. (IST) through Video Conferencing/Other Audio Visual Means. The meeting concluded at 11:26 a.m. (IST).

Proposed Resolutions and Outcomes

Nine resolutions were proposed and all were passed by shareholders:

Ordinary Business

1. Adoption of Financial Statements: Ordinary Resolution to receive, consider and adopt the Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026, with reports of Board of Directors and Auditors - 99.9072% in favor, 0.0928% against

2. Re-appointment of Director: Ordinary Resolution to re-appoint Mr. Ravi Chandra Adusumalli (DIN: 00253613) as Director liable to retire by rotation - 98.0320% in favor, 1.9680% against

Special Business

3. Revision of MD & CEO Remuneration: Ordinary Resolution to approve revision in remuneration payable to Mr. Vijay Shekhar Sharma (DIN: 00466521), Managing Director and CEO - 98.2425% in favor, 1.7575% against

4. Revised Remuneration Framework: Ordinary Resolution for revised remuneration framework for Non-Executive Directors including Independent Directors - 98.8834% in favor, 1.1166% against

5. Appointment of Independent Director: Special Resolution to appoint Mr. Narasinganallore Venkatesh Srinivasan (DIN: 01893686) as Non-Executive Independent Director - 99.8172% in favor, 0.1828% against

6. Appointment of Independent Director: Special Resolution to appoint Ms. Sachee Trivedi (DIN: 11767043) as Non-Executive Independent Director - 99.8853% in favor, 0.1147% against

7. Appointment of Non-Independent Director: Ordinary Resolution to appoint Mr. Amitabh Kumar Singhal (DIN: 07630166) as Non-Executive Non-Independent Director - 95.9229% in favor, 4.0771% against

8. Variation of IPO Proceeds: Special Resolution to approve variation in objects/terms of utilization of IPO proceeds and modification of timeline - 99.9990% in favor, 0.0010% against

9. ESOP Scheme Amendments: Special Resolution to approve amendments to One 97 Employees Stock Option Scheme 2019 - 91.6945% in favor, 8.3055% against

Voting Process and Methods

The voting was conducted through:

  • Remote e-voting: September 12, 2026 (9:00 a.m. IST) to September 14, 2026 (5:00 p.m. IST)
  • E-voting at AGM: During the meeting on September 15, 2026

National Securities Depository Limited (NSDL) provided the electronic voting facility.

Key Voting Outcomes

Total Participation

  • Total outstanding shares: 641,607,824
  • Total votes polled: 517,253,260 (80.6183% of outstanding shares)
  • 183 public shareholders attended the meeting via video conferencing
  • No promoters/promoter group shareholders attended

Category-wise Voting Breakdown

Resolution 1 (Financial Statements):
  • Public Institutions: 87.7965% participation, 99.8919% in favor
  • Public Non-Institutions: 54.0285% participation, 99.9996% in favor
Resolution 2 (Director Re-appointment):
  • Public Institutions: 85.0627% participation, 97.6976% in favor
  • Public Non-Institutions: 54.0271% participation, 99.9821% in favor
Resolution 3 (MD & CEO Remuneration):
  • Public Institutions: 85.0627% participation, 97.9422% in favor
  • Public Non-Institutions: 54.0271% participation, 99.9943% in favor

Scrutinizer's Role and Findings

Mr. Ashok of VAPN & Associates (Practicing Company Secretaries) was appointed as Scrutinizer on July 20, 2026. Key findings:

  • The e-voting process was unblocked and downloaded from NSDL at 11:44 a.m. on September 15, 2026
  • The process was witnessed by Mr. Ujjwal Kumar and Ms. Pinky Chatterjee
  • All resolutions were passed with requisite majority
  • The scrutinizer confirmed compliance with Companies Act, 2013 and SEBI regulations

Compliance Confirmation

The disclosure confirms compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies Act, 2013
  • Companies (Management and Administration) Rules, 2014
  • MCA General Circulars regarding e-voting

Additional Information

  • The voting results and scrutinizer's report are available on the company's website (https://ir.paytm.com/) and NSDL website (https://www.evoting.nsdl.com/)