One 97 Communications Ltd

One97 Communications will hold a meeting of the Board of Directors of the Company on 6 May 2025.Powered by Capital Market - Live

Paytm Money, a wholly-owned subsidiary of One 97 Communications (OCL), has today announced new cost-effective interest rates and brokerage structure for its recently launched Pay Later (MTF - Margin Trading Facility) offering. With this, the platform hopes to drive affordability for both retail and high value investors. The newly introduced slab-based interest rates, starting at 9.75% per annum (p.a.), down from the current flat 14.99% p.a., are based on funding book size. The platform has also introduced a revised brokerage of 0.1% per trade that balances affordability and platform sustainability. Retail investors can now access Pay Later (MTF) at an industry-leading rate of 9.75% p.a., making it easier to start trading affordably. Additionally, high value traders with a funding book size above Rs 25 lakh will also benefit from the same 9.75% p.a. interest rate, incentivizing greater trading activity and deeper engagement. Investors with a book size of between Rs 1 lakh and Rs 25 lakh will have a 14.99% p.a. interest rate. With the reduced costs, entry-level investors can also explore MTF, making margin trading more accessible. This move comes at a time when retail and high-volume traders alike are seeking smarter, more flexible ways to leverage market opportunities. With increasing interest in margin based products, Paytm Money's revamped MTF offering is designed to address core user concerns around cost-efficiency, transparency, and accessibility. This new interest rate structure is designed to provide better control over costs and fair pricing for all investors. The revised interest rates will be applicable starting April 18, 2025 while the updated brokerage of 0.1% per trade will be applicable from May 18, 2025. Powered by Capital Market - Live

Paytm (One 97 Communications) has launched the Made-in-India Paytm MahaKumbh Soundbox to empower merchant partners with instant payment alerts on a digital screen and real-time transaction tracking. The latest addition to Paytm's expanding Soundbox range, this 4G-enabled device helps businesses track payments effortlessly, improve transaction visibility, and enhance operational efficiency. The MahaKumbh Soundbox represents the power of Indian unification'just as the rare pilgrim festival brings millions together, this device seamlessly integrates multiple features into one, enabling effortless transactions for merchants. Equipped with diverse capabilities, the new Paytm MahaKumbh Soundbox comes with a built-in digital screen that provides a clear view of payments, including real-time transaction updates, total collections, and device status. Merchants can now see transactions instantly while also receiving audio alerts, ensuring quick verification even during peak hours when multiple payments are being made. It features Paytm pioneered QR code, allowing customers to scan and pay via all UPI apps and RuPay Credit Card payments through UPI. With a powerful 3-watt speaker, the device delivers clear voice confirmations, enabling merchants to instantly verify payments and reduce errors. Supporting 11 languages, it ensures merchants receive updates in their preferred language. Additionally, its long-lasting 10-day battery and durable, splash-resistant, and temperature-resistant design make it a reliable solution for businesses across retail stores, restaurants, and local markets.Powered by Capital Market - Live

The Paytm Card Machines deployed at multiple collection centers and for door-to-door collection, allows citizens to pay their property tax through credit cards, debit cards, and Paytm pioneered QR codes eliminating the need for cash, cheques, or demand drafts. The card machines are integrated with the GHMC app, enabling officials to check pending dues, collect payments instantly, and generate an on-the-spot confirmation slip. On an average, GHMC collects Rs 5-7 crore in property tax every month, with collections surging to Rs 22 crore during mid-year and fiscal year-end periods. Paytm Spokesperson said, 'Our partnership with GHMC is focused on making property tax payments simpler and more efficient for both citizens and municipal authorities. By offering innovative card machines and our pioneered QR-based payment solutions, we are ensuring greater convenience, faster processing, and improved transparency in tax collection. We are committed to driving innovation in payments and enabling digitization of public services.' Greater Hyderabad Municipal Corporation Spokesperson said, 'We are committed to enhancing convenience for our citizens. By integrating Paytm's seamless payment solutions, including options to pay property taxes through credit cards, debit cards, and QR codes, we're making the process more efficient and accessible. This initiative reflects our ongoing efforts to embrace digital transformation and provide a hassle-free experience for our residents.' Paytm is India's leading mobile payments and financial services distribution company. Pioneer of the mobile QR payments revolution in India, Paytm builds technologies that help small businesses with payments and commerce. The company reported a consolidated net loss of Rs 208.30 crore in Q3 FY25 as compared with net loss of Rs 219.80 crore in Q3 FY24. Net sales declined 35.9% YoY to Rs 1,827.80 crore during the quarter ended 31st December 2024. The counter rose 0.15% to Rs 819.10 on the BSE.Powered by Capital Market - Live

Paytm (One 97 Communications) has partnered with the Greater Hyderabad Municipal Corporation (GHMC) to simplify property tax collection by deploying more than 400 Paytm innovative All-In-One EDC Devices (Card Machines). The Paytm Card Machines deployed at multiple collection centers and for door-to-door collection, allows citizens to pay their property tax through credit cards, debit cards, and Paytm pioneered QR codes eliminating the need for cash, cheques, or demand drafts. The card machines are integrated with the GHMC app, enabling officials to check pending dues, collect payments instantly, and generate an on-the-spot confirmation slip. With Paytm's seamless payment solution, GHMC has streamlined collections, ensuring faster and more reliable transactions. On an average, GHMC collects Rs 5-7 crore in property tax every month, with collections surging to Rs 22 crore during mid-year and fiscal year-end periods.Powered by Capital Market - Live

Paytm Money, a wholly owned subsidiary of One 97 Communications, has been granted a Certificate of Registration as a Research Analyst by the Securities and Exchange Board of India (SEBI) under the SEBI (Research Analysts) Regulations, 2014. The registration number for Paytm Money as a Research Analyst is INH000020086. With this registration, Paytm Money can offer SEBI-compliant research services, including investment insights, research reports, and data-driven analysis. This milestone aligns with Paytm Money's objective to expand its offerings in the investment ecosystem, enhance user experience, and provide expert-backed insights to both retail and institutional investors. These services will soon be integrated into the Paytm Money app as part of a research and advisory offering, empowering investors to make well-informed financial decisions.Powered by Capital Market - Live

One 97 Communications has approved the grant of 109,995 stock options to the eligible employees under One 97 Employees Stock Option Scheme 2019 (ESOP 2019). Powered by Capital Market - Live

Paytm announced that Paytm UPI now supports UPI Trading Blocks (also known as Single Block Multiple Debits), a feature designed to simplify broking experience for stock traders. With this, Paytm UPI users can now set up automatic payment deductions directly from their bank account for trades, without having to transfer large sums to their trading accounts on brokerage apps. This will enable them to continue to earn interest, until they make their actual trades, since funds remain in their bank account. Paytm's UPI Trading Blocks, built on NPCI's infrastructure and leveraging UPI, deducts the amount only when a trade is made, and this happens automatically without the need for a UPI PIN. Providing full transparency, it ensures funds remain in the investor's bank account while offering an easy option to manage and conveniently pay for trades. Once the trade is completed, users can manage and track their funds on the Paytm app. Currently supported for UPI handles of Axis Bank (@ptaxis) and Yes Bank (@ptyes), this feature will soon be available for other UPI handles of State Bank of India (@ptsbi) and HDFC Bank (@pthdfc), ensuring seamless and secure UPI payments.Powered by Capital Market - Live

Paytm has partnered with RBL Bank to strengthen digital payment adoption among the bank's merchant partners. As part of this collaboration, Paytm will provide its Soundbox and card machines to RBL Bank's merchant partners, providing them with easy-to-use and efficient payment solutions. This initiative empowers RBL Bank's merchant partners to leverage Paytm's robust technology for secure and reliable payments. The integration of Paytm for Business dashboard allows merchants to track transactions in real-time, providing enhanced transparency and operational efficiency. Additionally, Paytm's innovative payment devices support multiple payment modes, including UPI, RuPay credit card on UPI, UPI Lite, debit cards, and credit cards, along with EMI options from leading banks, offering flexibility to merchants and customers alike. Paytm pioneered the Soundbox, revolutionizing in-store digital payments with instant audio confirmations. Expanding on this innovation, the Paytm NFC Card Soundbox allows 'Tap and Pay' transactions at small shops for debit and credit card users. It also enables merchants to accept payments from international tourists using global debit or credit cards, reducing the dependency on cash. The Soundbox range, including NFC Card Soundbox and QR Soundbox, provides merchants with multilingual audio alerts in 11 languages enhancing trust. Paytm's card machines (EDC devices) further expand digital payment capabilities, offering businesses a secure and efficient way to accept payments. Leveraging Paytm's network of over 17 partner banks, these devices provide low and zero-cost EMI options, allowing customers to pay conveniently in installments.Powered by Capital Market - Live

The Enforcement Directorate (ED) alleged that the company contravened certain provisions of FEMA between 2015 to 2019 in relation to its acquisition of two subsidiaries, Little Internet Private (LIPL) and Nearbuy India Private (NIPL) erstwhile Groupon, along with certain Directors & Officers. The alleged contraventions attributed to two acquired companies, Little Internet Private and NearBuy India Private pertain to a period when these were not subsidiaries of the company. The regulatory authority claims that the contravention involves aggregate transaction amounts of Rs 611.17 crore, including Rs 245.20 crore for OCL, Rs 344.99 crore for LIPL, and Rs 20.97 crore for NIPL. To resolve the matter in accordance with applicable laws and regulatory processes, the company is seeking necessary legal advice and evaluating appropriate remedies. Meanwhile, the company has partnered with RBL Bank to strengthen digital payment adoption among the bank's merchant partners. As part of this collaboration, it will provide its Soundbox and card machines to RBL Bank's merchant partners, providing them with easy-to-use and efficient payment solutions. Paytm is India's leading mobile payments and financial services distribution company. The company's net loss reduced to Rs 208.3 crore in Q3 FY25 from net loss of Rs 219.8 crore posted in Q3 FY24. Revenue from operations increased 10.14% quarter on quarter (QoQ) but fell by 35.88% year over year (YoY) to Rs 1,827.8 crore in the quarter ended 31 December 2024.Powered by Capital Market - Live