One 97 Communications Limited has informed the Exchange about Acquisition of additional shares of wholly owned step down subsidiary.
PAYTM · price
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Paytm's wholly owned subsidiary PCTL will invest EUR 9 million (around ₹80 crore) to subscribe to 9 million equity shares of EUR 1 each in Paytm Europe Payments S.A., its step-down subsidiary based in Luxembourg. Paytm Europe was incorporated on January 12, 2026 and is yet to commence any business operations. The investment is purely a capital infusion to support Paytm Europe's future business requirements in Europe. Post-investment, there will be no change in shareholding — PCTL will continue to own 100% of Paytm Europe. The deal is structured as a cash consideration and is expected to complete by June 30, 2026.
This is an intra-group capital call rather than a strategic acquisition. It increases the listed company's exposure to European payments business but involves a pre-revenue entity, so near-term financial impact on Paytm is minimal.