One 97 Communications’ Board approved the unaudited financial results for Q3 2026. Mrs. Pallavi Shardul Shroff will conclude her term as an Independent Director on February 8, 2026. Vijay Shekhar Sharma has been appointed as the Managing Director of Paytm Payment Services Limited (PPSL), effective January 29, 2026, while continuing his role at One 97. Additionally, Little Internet Private Limited’s conversion of debentures will be completed in FY 2026-27.
Financial Results Overview
The Board of Directors at One 97 Communications has officially approved the unaudited standalone and consolidated financial results for Q3 2026, concluding on December 31, 2025. These results, reviewed and recommended by the Audit Committee, provide insights into the company’s financial performance during this period.
Director Transition
Mrs. Pallavi Shardul Shroff, an Independent Director, is set to complete her second consecutive term on February 8, 2026. As a result, she will cease to be a Director and a member of the Audit Committee and Nomination & Remuneration Committee from that date. The Board expressed its gratitude for her contributions and guidance.
Leadership Appointment at PPSL
To reinforce leadership in merchant payments, Mr. Vijay Shekhar Sharma, Chairman, Managing Director, and CEO of One 97 Communications, has been appointed as the Managing Director (designated as MD & CEO) of Paytm Payment Services Limited (PPSL). This appointment is effective from January 29, 2026, for a term of five years, subject to applicable approvals. He will continue to draw remuneration only from One 97 Communications.
Subsidiary Update
The company plans to complete the conversion of outstanding Optionally Convertible Debentures and Convertible Inter Corporate Deposits in Little Internet Private Limited, a subsidiary, during the fiscal year 2026-27.
Source: BSE
