Paytm Board Approves Manisha Raisinghani as Independent Director, INR 2,250 Crore Investment in PPSL

Paytm’s board has approved the appointment of Manisha Raj Raisinghani as a Non-Executive Independent Director, effective November 4, 2025, for a five-year term, subject to shareholder approval. Additionally, the board approved an investment of up to INR 2,250 Crores into its subsidiary, Paytm Payments Services Limited (PPSL), to strengthen PPSL’s net worth and support its expansion in merchant payments.

Independent Director Appointed

Manisha Raj Raisinghani has been appointed as a Non-Executive Independent Director of Paytm, effective November 4, 2025. Her appointment is for a term of five years and is contingent upon shareholder approval. She is the Founder and CEO of SiftHub, with expertise spanning AI, SaaS, and enterprise productivity.

Investment in Paytm Payments Services Limited (PPSL)

The board has approved an investment of up to INR 2,250 Crores into PPSL, a wholly-owned subsidiary. This investment will be made through the subscription to a rights issue of equity shares.

Purpose of the Investment

The funds will be used to:

  • Strengthen PPSL’s net worth
  • Fund the acquisition of offline merchant payment business
  • Support working capital needs
  • Maintain leadership in the merchant payments business

Financial Performance Snapshot (Standalone)

Key figures from the unaudited standalone statement as of September 30, 2025:

  • Revenue: INR 3,267 crores for the half-year.
  • Loss Before Tax: INR (201) crores.

Financial Performance Snapshot (Consolidated)

Key figures from the unaudited consolidated statement as of September 30, 2025:

  • Revenue: INR 3,979 crores for the half-year.
  • Profit Before Tax: INR 156 crores.

Business Updates

Paytm continues to navigate the evolving regulatory landscape, with its subsidiary, Paytm Payments Services Limited, awaiting final certificate of authorization from the RBI.

Source: BSE

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