One 97 Communications Clarifies AI Investments Amidst Media Report
One 97 Communications Ltd (Paytm) has issued a clarification regarding a media report published by Bloomberg India on September 9, 2026, titled “Paytm Bets on Workplace AI Agents in Pivot Beyond Payments”. The company confirmed its ongoing investment and development in artificial intelligence capabilities as part of its business initiatives, including a "revenue optimization journey of AI", previously disclosed in its Q1 FY27 earnings release and transcript. One 97 Communications stated that the media report does not pertain to any undisclosed material event or information requiring further disclosure under SEBI regulations. The company affirmed its commitment to complying with disclosure obligations.
Key Highlights
- Company clarifies AI investments mentioned in a Bloomberg report.
- AI development is part of ongoing business initiatives.
- No undisclosed material events or information requiring disclosure.
- Company continues to comply with SEBI listing regulations.
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