One 97 Communications has informed that news which appeared on August 21, 2024, stating that the Company is seeking its Shareholders’ approval for the appointment of Dr. Gulshan Rai, as its Independent Director, is not correct. The Board of the Company has not approved such proposal, and no Shareholders approval is being sought. This disclosure will also be hosted on the Company's website: https://ir.paytm.com/.
The above information is a part of company’s filings submitted to BSE.