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2026-05-26 10:07:32 am | Source: Accord Fintech
One 97 Communications gains as its arm gets nod to invest 9 million euro in Paytm Europe
One 97 Communications gains as its arm gets nod to invest 9 million euro in Paytm Europe

One97 Communications is currently trading at Rs. 1105.40, up by 7.35 points or 0.67% from its previous closing of Rs. 1098.05 on the BSE. 

The scrip opened at Rs. 1104.00 and has touched a high and low of Rs. 1109.40 and Rs. 1099.10 respectively. So far 34721 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1381.75 on 02-Dec-2025 and a 52 week low of Rs. 847.75 on 28-May-2025.

Last one week high and low of the scrip stood at Rs. 1,223.15 and Rs. 1,051.05 respectively. The current market cap of the company is Rs. 70746.31 crore.

The Institutions and Non-Institutions held 72.47% and 27.53% stake respectively in the company. 

One 97 Communications’ wholly owned subsidiary -- Paytm Cloud Technologies (PCTL) has received approval for an additional investment by way of subscription to 9 million equity shares of 1 euro each at a total consideration of 9 million euro, in its wholly owned subsidiary, Paytm Europe Payments S.A (Paytm Europe). The board of directors of PCTL at its meeting held on May 25, 2026 has considered and approved the same.

The acquisition is aimed at supporting Paytm Europe’s requirements of funds for its business. The said acquisition is to be completed on or before June 30, 2026.

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