One 97 Communications, the parent company of Paytm, announced key decisions from its board meeting held on November 4, 2025. The board approved an investment of up to INR 2,250 Crores in its subsidiary, Paytm Payments Services Limited (PPSL), and the appointment of Ms. Manisha Raj Raisinghani as a Non-Executive Independent Director. These decisions aim to strengthen PPSL’s operations and enhance the company’s governance structure.
Investment in Paytm Payments Services
The Board of Directors at One 97 Communications has greenlit a significant investment in its wholly-owned subsidiary, Paytm Payments Services Limited (PPSL). According to the official announcement, an amount of up to INR 2,250 Crores will be allocated to PPSL through the subscription to a rights issue. The investment is subject to necessary approvals, as applicable.
The capital infusion is intended to bolster PPSL’s financial position and strategic capabilities. The funds will be utilized to:
- Strengthen PPSL’s net worth
- Acquire the offline merchant payment business
- Fund working capital requirements
- Support ongoing leadership in the merchant payments sector
Appointment of New Independent Director
In addition to the investment decision, the Board approved the appointment of Ms. Manisha Raj Raisinghani (DIN: 06798956) as a Non-Executive Independent Director. Her appointment is effective from November 4, 2025, and is based on the recommendation of the Nomination and Remuneration Committee.
Ms. Raisinghani’s term will be for five consecutive years and is subject to member approval. As the Founder and CEO of SiftHub, her expertise spans AI, SaaS, and enterprise productivity. She is not related to any director of the Company.
Financial Results Approved
The board also approved the unaudited standalone and consolidated financial results for Q2 FY26, ending September 30, 2025.
Source: BSE
