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One 97 Communications Ltd, the operator of India’s greatest virtual bills supplier Paytm, can not use proceeds of its mega preliminary public providing (IPO) for the proposed repurchase of its personal stocks, as laws limit any such transfer, resources stated, including the company will use its robust liquidity for the aim. Paytm has a liquidity of Rs 9,182 crore, as …
Read More »Paytm operator One 97 Communications can not use IPO proceeds for buyback; corporate will use its robust liquidity – resources
