One 97 Communications Completes EUR 9 Million Investment in Paytm Europe
One 97 Communications Limited announced the completion of a significant investment in Paytm Europe Payments S.A., a wholly owned subsidiary of the company. The transaction involved the company's subsidiary subscribing to equity shares in Paytm Europe.Paytm Cloud Technologies Limited, a wholly owned subsidiary of One 97 Communications Limited, confirmed the investment on June 1, 2026. The subsidiary completed the additional investment by subscribing to 9 million equity shares of Paytm Europe.
This transaction involved a total consideration of EUR 9 million (Nine Million Euro). The investment was completed on June 1, 2026, at 03:27 p.m. IST.
The details of the investment are summarized below:
| Detail | Value |
|---|---|
| Investing Entity | Paytm Cloud Technologies Limited |
| Investee | Paytm Europe Payments S.A. |
| Date of Completion | June 1, 2026 |
| Shares Subscribed | 9 million equity shares |
| Consideration | EUR 9 million |
PAYTM Stock Price Movement
One 97 Communications Limited shares today slipped by 2.13% to close at ₹1095. The stock traded on a volume of 1.67 million shares throughout the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.