One 97 Communications Limited, the parent company of Paytm, has officially announced that it has become an Indian Owned and Controlled Company (IOCC) as of the quarter ended March 31, 2026. This milestone is marked by a significant increase in domestic investment, with domestic investors now holding 50.3% of the company’s total equity share capital, signifying a major shift in the firm’s ownership and control structure.
Shift in Ownership Dynamics
As of March 31, 2026, One 97 Communications Limited has reached a critical strategic milestone by establishing majority Indian ownership. The recent shareholding pattern indicates that domestic investors have increased their stake to 50.3%, fulfilling the criteria for an Indian Owned and Controlled Company (IOCC). This transition reflects a broader trend of growing domestic participation in the company’s growth story.
Growth in Domestic Institutional Investment
The company has witnessed a robust surge in domestic institutional interest throughout the fiscal year. Domestic institutional ownership climbed to 23.1% in the final quarter of the fiscal year, a notable increase from 20.3% in the preceding quarter and 14.0% in the same period last year.
Mutual Funds and Insurance Participation
A significant driver of this ownership shift has been the increased involvement of Indian mutual funds and insurance providers. Indian mutual funds currently hold a 16.6% stake in the company, supported by 41 individual mutual funds, up from 14.3% in the previous quarter. Additionally, domestic insurance companies have bolstered their presence, with their combined holdings rising to 5.1%, further solidifying the domestic foundation of the company’s investor base.
Source: BSE
