One97 Communications gains after its arm incorporates wholly owned subsidiary in Saudi Arabia

Paytm Company will work towards expansion and distribution of Paytm’s technology led digital payments stack in Saudi Arabia

One97 Communications is currently trading at Rs 1005.00, up by 6.00 points or 0.60% from its previous closing of Rs 999.00 on the BSE.

The scrip opened at Rs 999.95 and has touched a high and low of Rs 1006.80 and Rs 989.60 respectively. So far 89369 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 1 has touched a 52-week high of Rs 1063.00 on 17-Dec-2024 and a 52-week low of Rs 425.65 on 19-Jul-2024.

Last one week high and low of the scrip stood at Rs 1013.75 and Rs 935.20 respectively. The current market cap of the company is Rs 64211.96 crore.

The Institutional holding in the company stood at 70.58%, while Non-Institutions held 29.42% stake.

One 97 Communications’ (Paytm) wholly-owned subsidiary -- Paytm Cloud Technologies (PCTL) has incorporated a wholly owned subsidiary named ‘Paytm Company’ in the Kingdom of Saudi Arabia on July 17, 2025. Further, the Board of Directors of PCTL, in its meeting held on July 17, 2025, has approved a subscription amount of 85,00,000 Saudi Riyal towards the acquisition of 8,500 equity shares of 1000 Saudi Riyal each at par in Paytm Company.

Paytm Company will work towards expansion and distribution of Paytm’s technology led digital payments stack in Saudi Arabia. The newly incorporated entity belongs to information and technology support services industry.

One 97 Communications (Paytm) is India's leading mobile payments and financial services distribution company. Pioneer of the mobile QR payments revolution in India, the company builds technologies that help small businesses with payments and commerce.