One 97 Communications Limited (Paytm) announced that its Key Managerial Personnel have received a Show Cause Notice from the Securities and Exchange Board of India (SEBI). The notice, dated August 11, 2026, pertains to the timing of disclosure and classification of information as unpublished price-sensitive information concerning a corporate announcement made on December 06, 2023. The company is evaluating the notice and will respond within the stipulated timelines.
SEBI Issues Show Cause Notice to Paytm’s Management
One 97 Communications Limited, the parent company of Paytm, has disclosed that its Key Managerial Personnel (KMPs) have received a Show Cause Notice (SCN) from the Securities and Exchange Board of India (SEBI). The notice, dated August 11, 2026, is in response to alleged discrepancies concerning the timing of disclosure of certain information and its classification as unpublished price sensitive information. This relates to a corporate announcement made by the company on December 06, 2023.
Company’s Response and Next Steps
The company stated that the KMPs are currently evaluating the SCN and will submit their response within the mandated timelines. The details of the SCN, as required by SEBI Listing Regulations and associated circulars, have been enclosed in Form A. One 97 Communications Limited has assured that the information provided is true, correct, and complete to the best of their knowledge and belief. This disclosure will also be available on the company’s investor relations website.
Details of the Communication
The communication received is a Show Cause Notice issued to the Company’s Key Managerial Personnel on August 11, 2026. The authority from which the communication was received is the Securities and Exchange Board of India. The notice concerns the timing of disclosure of information under Regulation 30 of the SEBI Listing Regulations and its classification as unpublished price sensitive information, particularly in relation to the December 06, 2023 corporate announcement.
The period for which the communication is applicable is the response to be submitted within 14 days from the receipt of the SCN, which is by August 11, 2026. The company currently anticipates no financial impact on the listed company as a result of this notice. Details regarding penalties or sanctions imposed, and any actions taken by the company, are not applicable at this stage.
Source: BSE
