One 97 Communications Completes Subsidiary Acquisitions
Filing Summary
On November 28, 2025, One 97 Communications Ltd finalized the acquisition of remaining stakes in three companies, making them wholly owned subsidiaries. The company acquired 9.99% of Foster Payment Networks, 67.55% of Paytm Insuretech, and 51.22% of Paytm Financial Services. Consequently, entities invested in by Paytm Financial Services, including Admirable Software and others, became stepdown subsidiaries. This update aligns with the company’s ongoing group structure simplification. The disclosure is available on the company’s website.
On November 28, 2025, One 97 Communications Ltd completed the acquisition of the remaining stakes in three companies, as part of its ongoing simplification of the group structure.
The company acquired 9.99% equity shares of Foster Payment Networks Private Limited, 67.55% equity shares of Paytm Insuretech Private Limited, and 51.22% equity shares of Paytm Financial Services Limited (PFSL). Following these acquisitions, each entity has become a wholly owned subsidiary of One 97 Communications, effective November 28, 2025.
As a result of acquiring PFSL, certain entities in which PFSL has investments, namely Admirable Software Limited, Mobiquest Mobile Technologies Private Limited, Urja Money Private Limited, and Fincollect Services Private Limited, have also become stepdown wholly owned subsidiaries through direct and indirect shareholdings, effective the same date.
This disclosure is available on the company’s website at https://ir.paytm.com/.
One 97 Communications Ltd, known for its digital payment and financial services, focuses on expanding its business operations and simplifying its group structure to enhance operational efficiency. The company continues to streamline its subsidiaries to align with its strategic objectives.