One 97 Communications Limited has announced the successful completion of an additional investment in its wholly-owned subsidiary, Paytm Europe Payments S.A. The company subscribed to 9 million equity shares of EUR One each, totaling an investment of EUR 9 million. This strategic move underscores the company’s commitment to expanding its European operations and bolstering its subsidiary’s financial standing.
Key Investment Milestone Achieved
One 97 Communications Limited, through its wholly-owned subsidiary Paytm Cloud Technologies Limited, has officially completed a substantial investment in Paytm Europe Payments S.A. (“Paytm Europe”). This development, announced on June 01, 2026, marks a significant step in strengthening the company’s presence in the European market. The investment was made via a subscription to 9 million equity shares, with each share valued at EUR One.
Financial Details of the Investment
The total consideration for this equity subscription amounted to EUR 9 million (Nine Million Euro). This infusion of capital is expected to fuel Paytm Europe’s growth initiatives and operational expansion. The transaction was completed on June 01, 2026, as confirmed by Paytm Cloud Technologies Limited.
Strategic Significance
This additional investment in Paytm Europe highlights One 97 Communications’ ongoing strategy to support and grow its international subsidiaries. The company aims to leverage this strengthened financial position to further its business objectives in the European region.
Disclosure Information
This disclosure is made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Further details regarding this investment will be available on the Company’s investor relations website.
Source: BSE
