One 97 Communications Limited (Paytm) has received a compounding order from the Reserve Bank of India (RBI) dated February 02, 2026, concerning certain investments made in Little Internet Private Limited by Little Internet Singapore Pte Ltd. This order was issued under the Foreign Exchange Management Act, 1999 (FEMA) as a regulatory resolution mechanism. The RBI has imposed a compounding fee of ₹18.76 Lakhs (Indian Rupees Eighteen Lakhs Seventy-Six Thousand) on Paytm for contraventions related to transactions where the underlying transaction value was approximately ₹33 Crores. The company is in the process of making the payment for this fee, after which the matter will be considered disposed of. In addition to this, the announcement also refers to a previous disclosure on March 01, 2025, and mentions that during the quarter ended December 31, 2025 (Q3 FY26), the RBI had compounded certain matters relating to Nearby India Private Limited for a fee of approximately ₹4.28 Lakhs. The company has stated that these compounding orders have no material impact on its financials or operations.
