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One 97 Communications Ltd. ( (IN:PAYTM) ) just unveiled an announcement.
One 97 Communications Ltd. has clarified that it has been recognising incentives under the Reserve Bank of India’s Payment Infrastructure Development Fund (PIDF) scheme for qualifying expenditure on deploying payment acceptance devices in Tier-3 to Tier-6 centres and certain other regions, including the northeastern states and the Union Territory of Jammu, Kashmir and Ladakh, with incentives amounting to ₹128 crore for the six months ended 30 September 2025. The company noted that the PIDF scheme is currently valid until 31 December 2025 and that there has been no announcement yet on its extension or replacement, but indicated that if the scheme is discontinued, it expects to substantially offset any impact over time through higher revenues and more targeted sales efforts, seeking to reassure markets after recent share price volatility and pledging to continue making required disclosures to the stock exchanges.
More about One 97 Communications Ltd.
One 97 Communications Ltd., which operates under the Paytm brand, is a leading Indian digital payments and financial services company, offering payment acceptance devices such as soundboxes and EDC machines and focusing on expanding electronic payments infrastructure across smaller cities and underpenetrated regions in India.
Average Trading Volume: 128,799
Technical Sentiment Signal: Hold
Current Market Cap: 828.7B INR
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