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One 97 Communications Transfers Offline Payment Business to Subsidiary

Story Highlights
  • One 97 Communications transfers its Offline Merchants Payment Business to Paytm Payments Services.
  • The transfer aims to comply with RBI regulations and improve operational efficiency.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
One 97 Communications Transfers Offline Payment Business to Subsidiary

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One 97 Communications Ltd. ( (IN:PAYTM) ) has shared an update.

One 97 Communications Limited has announced the transfer of its Offline Merchants Payment Business to its wholly-owned subsidiary, Paytm Payments Services Limited (PPSL), effective from midnight of November 30, 2025. This move, approved by the company’s shareholders, is part of an internal restructuring to comply with the Reserve Bank of India’s regulations and aims to consolidate related business operations for enhanced efficiency. The transfer includes the movement of senior management personnel to PPSL, ensuring continuity in leadership and operations.

More about One 97 Communications Ltd.

One 97 Communications Limited operates in the digital payments industry, primarily offering financial services and digital payment solutions through its platform, Paytm. The company focuses on providing seamless payment experiences for both online and offline transactions, catering to a wide range of merchants and consumers in India.

Average Trading Volume: 163,235

Technical Sentiment Signal: Buy

Current Market Cap: 822.4B INR

For detailed information about PAYTM stock, go to TipRanks’ Stock Analysis page.

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