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One 97 Communications Transfers Offline Merchant Payments to Subsidiary

Story Highlights
  • One 97 Communications Ltd. transfers its Offline Merchant Payments Business to a subsidiary.
  • The transfer aligns with regulatory needs and aims to enhance operational efficiency.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
One 97 Communications Transfers Offline Merchant Payments to Subsidiary

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One 97 Communications Ltd. ( (IN:PAYTM) ) just unveiled an update.

One 97 Communications Ltd. has executed a Business Transfer Agreement to transfer its Offline Merchant Payments Business to Paytm Payments Services Limited, a wholly-owned subsidiary, effective from midnight of November 30, 2025. This move, approved by shareholders, aligns with regulatory requirements and aims to consolidate operations for enhanced efficiency, with key management personnel also transitioning to the subsidiary.

More about One 97 Communications Ltd.

One 97 Communications Ltd. operates in the digital payments industry, primarily offering services through its brand Paytm. The company focuses on providing a wide range of payment solutions, including online and offline merchant payments, and is a significant player in the Indian financial technology sector.

Average Trading Volume: 163,235

Technical Sentiment Signal: Buy

Current Market Cap: 822.4B INR

See more insights into PAYTM stock on TipRanks’ Stock Analysis page.

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