One 97 Communications Limited
One 97 Communications is voluntarily winding up its associate company, Paytm Payments Bank Limited (PPBL), as instructed by or with permission from RBI. Its wholly-owned subsidiary, OCL Tech Platforms Limited, holds a 9.98% share in PPBL. The winding-up process is contingent on regulatory and legal proceedings.
Apr 25 2026 21:04:00
One 97 Communications Limited
One 97 Communications' associate, Paytm Payments Bank Limited (PPBL), commenced voluntary winding-up following the Reserve Bank of India's (RBI) cancellation of its banking license. The company stated this is not expected to materially impact One 97 Communications' business, operations, or financial condition, and its core services will continue.
Apr 25 2026 20:04:00
One 97 Communications Limited
One 97 Communications announced the RBI cancelled Paytm Payments Bank Limited's banking license, effective April 24, 2026. The company states no direct financial impact as its investment in PPBL was already impaired by March 31, 2024, and all Paytm services continue uninterrupted.
Apr 24 2026 21:04:00
One 97 Communications Limited
One 97 Communications (Paytm) acquired First Games Technology Private Limited (FGTPL) by converting a ₹197 crore outstanding loan into equity. This transaction has no new financial impact as the investment and loan were already fully impaired. FGTPL's online gaming business was discontinued in August 2025 due to regulatory changes.
Apr 17 2026 09:04:00
One 97 Communications Limited
One 97 Communications (Paytm) acquired First Games Technology Private Limited (FGTPL) by converting a ₹197 crore outstanding loan into equity. This transaction has no new financial impact as the investment and loan were already fully impaired. FGTPL's online gaming business was discontinued in August 2025 due to regulatory changes.
Apr 17 2026 09:04:00
One 97 Communications Limited
One 97 Communications converted an outstanding ₹197 crore loan in its step-down subsidiary, First Games Technology Private Limited (FGTPL), into equity shares, increasing its direct and indirect shareholding to 82.6%. The company also approved a Default Loss Guarantee of up to ₹90 crore for loans disbursed by its lending partner, Piramal Finance Limited, aligning with its loan distribution business model.
Apr 16 2026 21:04:00
One 97 Communications Ltd - 543396 - Announcement under Regulation 30 (LODR)-Acquisition
One 97 Communications converted a ₹197 crore loan to equity in its step-down subsidiary, FGTPL, increasing its direct and indirect shareholding to 82.6%. This internal capital adjustment has no financial impact, as the investment was previously impaired. The company also approved a Default Loss Guarantee of up to ₹90 crore to Piramal Finance Limited, aligning with its loan distribution model.
Apr 16 2026 21:04:00
One 97 Communications Limited
One 97 Communications converted an outstanding ₹197 crore loan in its step-down subsidiary, First Games Technology Private Limited (FGTPL), into equity shares, increasing its direct and indirect shareholding to 82.6%. The company also approved a Default Loss Guarantee of up to ₹90 crore for loans disbursed by its lending partner, Piramal Finance Limited, aligning with its loan distribution business model.
Apr 16 2026 21:04:00
One 97 Communications Limited
One 97 Communications converted an outstanding ₹197 crore loan in its step-down subsidiary, First Games Technology Private Limited (FGTPL), into equity shares, increasing its direct and indirect shareholding to 82.6%. The company also approved a Default Loss Guarantee of up to ₹90 crore for loans disbursed by its lending partner, Piramal Finance Limited, aligning with its loan distribution business model.
Apr 16 2026 21:04:00
One 97 Communications Limited
One 97 Communications (Paytm) has achieved Indian Owned and Controlled Company (IOCC) status in Q4 FY26, driven by domestic investors acquiring 50.3% of its equity share capital. This shift ensures majority Indian ownership and control, with domestic institutional ownership rising to 23.1% in the same quarter.
Apr 15 2026 15:04:00
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