One97 Communications Merger & Restructuring Worth ₹14.76 Cr
One 97 Communications completed the conversion of convertible instruments in its subsidiary, Little Internet Private Limited, totaling ₹14.76 Crore.
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- ₹14.76 Cr
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One 97 Communications completed the conversion of convertible instruments in its subsidiary, Little Internet Private Limited, totaling ₹14.76 Crore.
One 97 Communications Limited will invest ₹100 Crore in its wholly-owned subsidiary, Paytm Money Limited, via cash consideration by September 2026.
Paytm completed a ₹99.73 Crore equity investment into its subsidiary, Paytm Europe Payments S.A. The capital infusion supports European operations through its intermediate holding entity.
One 97 Communications completed a ₹99.00 Crore investment in its step-down subsidiary, Paytm Europe. The transaction involved subscribing to 9 million equity shares at EUR 1 each.
Paytm is infusing ₹100.13 Crore into its subsidiary Paytm Europe to support business funding. The transaction will conclude by June 2026 through Paytm Cloud Technologies.
One 97 Communications will invest ₹99.90 Crore into its step-down subsidiary, Paytm Europe. The capital infusion supports business funding requirements in the European market.
One 97 Communications Limited announced the voluntary winding up of its associate, Paytm Payments Bank Limited (PPBL), following RBI instructions. The process is subject to regulatory and legal proceedings, with any consideration to be determined by the winding-up authority. This marks a significant restructuring of the company's banking associate operations.
One 97 Communications Limited announced the voluntary winding up of its associate, Paytm Payments Bank Limited (PPBL), following RBI license cancellation. The company confirms PPBL's contribution to its financials was nil and expects no material impact on its independent operations, including the Paytm app and UPI services.
One 97 Communications Limited (Paytm) is converting a ₹196.77 Crore outstanding loan into equity shares of its step-down subsidiary, First Games Technology Private Limited. The target's business was previously discontinued in August 2025. This internal restructuring involves no fresh capital infusion and has no financial impact as the investment was already fully impaired.
One 97 Communications (Paytm) approved converting a ₹197 Crore loan into equity in its subsidiary FGTPL, increasing its stake to 82.6%. The company also approved a ₹90 Crore Default Loss Guarantee for lending partner Piramal Finance Limited to support its loan distribution business. These moves align with Paytm's existing business model with no additional financial impact.
One 97 Communications Limited, through its subsidiaries, has incorporated a new wholly-owned subsidiary in Indonesia called PT PAYTM INDONESIA TEKNOLOGI. The company subscribed to 15,00,000 shares for an aggregate amount of approximately ₹8.15 Crore (IDR 15 billion). This move marks a strategic expansion into the Indonesian market.
One 97 Communications Limited incorporated a new wholly owned step-down subsidiary in Indonesia, PT PAYTM INDONESIA TEKNOLOGI, on April 10, 2026. The company subscribed to 15,00,000 equity shares for an aggregate value of approximately ₹8.15 Crore. This expansion strengthens Paytm's international operational footprint.