One 97 Communications has released its Monitoring Agency Report for the quarter ended December 31, 2025. The report, issued by Axis Bank Limited, confirms that funds utilized are aligned with the objectives stated in the offer document. There were no material deviations observed. The company received INR 15 crore in interest on fixed deposits during the quarter, which was transferred to its General Purpose bank account.
Monitoring Agency Confirmation
Axis Bank Limited, the Monitoring Agency, confirms that One 97 Communications utilized funds as disclosed in the Offer Document. There were no deviations from the stated objectives.
Key Financials & Utilization
As of December 31, 2025, the company has utilized ₹6,119 Crore out of the total issue proceeds. Here’s a breakdown:
- Growing and strengthening the Paytm ecosystem: ₹4,300 Crore
- Investing in new business initiatives, acquisitions, and strategic partnerships: ₹0 utilized (Total allocation: ₹2,000 Crore)
- General Corporate Purpose: ₹1,819 Crore
Fund Deployment & Earnings
The unutilized amount of ₹2,000 Crore has been invested in bank deposits and balances, yielding a return on investment (ROI) of 2.27%.
Additional Details
During the quarter ending December 31, 2025, the company received INR 15 crore as interest on fixed deposits, which has been transferred from the monitoring agency account to the general purpose bank account.
Source: BSE
