The federal probe agency also said that during the raids, it seized Rs 17 crore worth of funds kept in "merchant IDs and bank accounts of these Chinese persons-controlled entities".
According to the scrutinizer report, 99.67 per cent of votes were in favour of Sharma's re-appointment while only 0. 33 per cent voted against the resolution.
The stock closed the Monday session at a record low of Rs 668.20 on the BSE, down 5.85 per cent from its previous close.
Post the investment, Paytm will hold a 74 per cent stake in PGIL, reducing the VHPL's stake in the company to 26 per cent.
The company’s revenues from operations were up by 89 percent year-on-year, coming in at Rs 1,541 crore.
In two days, the company's market valuation plunged by Rs 11,809.43 crore to Rs 38,418.57 crore on the BSE.
Brokerage firm Macquarie has maintained a target price of Rs 700 with an 'underperform' rating on Paytm.