NSE/BSE Codes: BSE: 543396, NSE: PAYTM
Summary of Key Information:
Nature of Event / Disclosure:
Regulatory action involving a Show Cause Notice (SCN) from SEBI received by the company's Key Managerial Personnel regarding disclosure requirements and classification of unpublished price sensitive information.
Involved Parties / Authorities:
- Securities and Exchange Board of India (SEBI)
- Company's Key Managerial Personnel (Noticees)
Date / Timeline of Event:
- Show Cause Notice dated: August 11, 2026
- Date of receipt: August 11, 2026
- Response deadline: Within 14 days from receipt (by August 25, 2026)
- Corporate Announcement in question dated: December 06, 2023
- Disclosure filing date: August 12, 2026
Brief Description of Outcome / Dispute:
The SCN was issued under rule 4 of the SEBI (Procedure for Holding Inquiry and Imposing Penalties) Rules, 1995. It concerns the timing of disclosure of certain information under Regulation 30(6)(iii) read with Regulation 30(4)(i)(c) of the SEBI Listing Regulations, and its classification as unpublished price sensitive information under Regulations 9A(1) and 9A(2)(b) read with Regulation 2(1)(n) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, specifically relating to the company's Corporate Announcement dated December 06, 2023.
Impact of Outcome:
Financial Impact:
The company explicitly states: "No financial impact on the Company is expected."
Operational / Business / Strategic Impact:
No material disclosures in this section.
Other Implications:
No material disclosures in this section.
Next Steps / Required Actions:
The Noticees are evaluating the SCN and will respond to the same within the prescribed timeline of 14 days from the date of receipt (by August 25, 2026).