
One 97 Communications Board Approves Financial Results, ₹1000 Cr Investment
One 97 Communications Limited announced the outcome of its Board meeting held on October 26, 2026. The Board approved the Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2026. Additionally, the company approved investments of up to INR 500 Crores in its wholly-owned subsidiary, Paytm Cloud Technologies Limited (PCTL), and PCTL's subsequent investment of up to INR 500 Crores in Paytm Singapore Pte. Ltd. These funds are intended for working capital, investments, and business expansion. The Board also approved Default Loss Guarantee (DLG) on loans disbursed by lending partners and provided an update on the National Payments Corporation of India (NPCI) Circular regarding MDR implementation.
Key Highlights
- Board approved unaudited financial results for Q2 FY27 and H1 FY27.
- Company to invest up to ₹500 Cr in Paytm Cloud Technologies.
- Paytm Cloud Technologies to invest up to ₹500 Cr in Paytm Singapore.
- Investments to support working capital and business expansion.
- Approved Default Loss Guarantee for loan distribution partners.
Price Impact
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