Ex-director seeks to stall $2 billion Paytm IPO, company calls it harassment

Saxena has approached the Securities and Exchange Board of India (SEBI) to stall the IPO, arguing investors could lose money if his claim is proved right, according to a previously unreported complaint.

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Saxena has approached the Securities and Exchange Board of India (SEBI) to stall the IPO, arguing investors could lose money if his claim is proved right, according to a previously unreported complaint.