One 97 Communications Completes Acquisition of Stakes in 3 Group Companies
One 97 Communications Limited (PAYTM) has announced the completion of its acquisitions of stakes in three group companies, namely Admirable Software Limited, Mobiquest Mobile Technologies Private Limi...
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Why is One 97 Communications Limited in the news today?
One 97 Communications Limited (PAYTM) is in the news due to the acquisition of stakes and making group companies wholly-owned subsidiaries is generally seen as a positive step towards simplifying the group structure and potentially increasing operational efficiency and control.
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One 97 Communications Completes Acquisition of Stakes in 3 Group Companies
December 31, 2025, 10:44 AM
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One 97 Communications Limited (PAYTM) has announced the completion of its acquisitions of stakes in three group companies, namely Admirable Software Limited, Mobiquest Mobile Technologies Private Limited, and Urja Money Private Limited. The company has acquired 100% shareholding in Admirable Software Limited and the remaining 34.29% shareholding in Mobiquest Mobile Technologies Private Limited. Additionally, PAYTM has acquired the remaining 32.53% shareholding in Urja Money Private Limited. As a result of these acquisitions, all three entities have now become direct wholly-owned subsidiaries of One 97 Communications Limited. This disclosure follows previous announcements made by the company on October 15, 2025, and November 28, 2025, regarding the simplification of its group structure. The disclosure is made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information will also be available on the company's investor relations website.
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