One 97 Communications Limited has informed the Exchange about closure of operations of First Games Technology Private Limited - disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
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Paytm's board approved additional investments of up to ₹300 crore in wholly owned subsidiary Paytm Money and up to ₹155 crore in Paytm Services Private Limited via a Rights Issue. As part of group restructuring, the company will acquire up to 100% of Foster Payment Networks for up to ₹61 crore, making it a wholly owned subsidiary, and transfer First Games Technology between two wholly owned subsidiaries for up to ₹140 crore. First Games has discontinued its real money gaming business following the government's new Online Gaming Act, 2025, and will only offer permissible social games. Paytm's carrying value in First Games is Nil, with impact on consolidated P&L being less than 1%, though it has an outstanding shareholder loan of about ₹200 crore.
The moves are largely internal housekeeping to simplify the group structure and don't materially change Paytm's consolidated revenues. Investors should note the ₹200 crore shareholder loan exposure to First Games, though the gaming business halt is regulatory-driven and not expected to hurt core earnings.