Tuesday, 31 March, 2026
Paytm Parent One 97 Communications Approves Major Capital Injection in Subsidiaries via Rights Issue
By Isha
One 97 Communications, the parent company of Paytm, has approved substantial investments in its wholly-owned subsidiaries—Paytm Money Ltd (₹300 crore) and Paytm Services Pvt. Ltd. (₹155 crore)—via a rights issue pending necessary approvals. Simultaneously, the firm is restructuring: it plans to acquire Foster Payment Networks for up to ₹61 crore, and transfer First Games Technology to streamline operations amidst rising regulatory clarity.
Read full story at Economic Times