One97 Communications, the parent company of Paytm, informed in a regulatory filing that its Non-Executive, Non-Independent Director Douglas Feagin has resigned from the board. Feagin, who's Ant Group's Senior VP, joined the board ahead of Paytm's IPO in 2021. Feagin said his resignation is in recognition of Paytm's "growth as a publicly-listed company and the maturity of the business".