Why does Juspay not have EMs?

While I 100% agree that a PM at a company like Juspay that sells technical products needs to have good technical proficiency to the extent of understanding code as well, why are there no EMs? In a company that's as engineering driven as Juspay, it is all the more important to have EMs who bring in valuable 8+ years of industry experience and have the know how of guiding engineers on building reliable scalable systems and logic. I learnt that Juspay expects PMs to do it all. Questions to Juspay PMs : Do you conduct sprint planning meetings? Are you responsible for the Engg team's performance metrics like sprint deliverance ratio, production issues caused, bugs raised, etc. ? What's the importance and significance given to hardcore product work like doing quality product discoveries ? Do you do code reviews? Are you responsible for Engg downtimes? Given that you are donning multiple hats and doing more than one person's work, what's your WLB like? A good way to measure this is how much time do you get to pursue your personal hobbies, say like hitting the gym, on a daily basis ?