One 97 Communications’ standalone net profit for the quarter ended June 2026 stood at Rs 185 crore as against Rs 63 crore in the same quarter last year.
Board approved additional investment by the Company, by way of subscription, to the equity shares of its wholly owned subsidiary, namely Paytm Money Limited (‘PML’) by way of a Rights Issue for an amount upto ₹ 100 CroreThe Board has approved a proposal to seek shareholders’ approval to revise the utilisation of the remaining IPO proceeds.
As of July 20, 2026, ₹1,686 crore of the ₹2,000 crore originally earmarked under Object 2 of the Offer for investing in new business initiatives, acquisitions and strategic partnerships remains unutilised.
Shares rose 2.5% to Rs 1382.40 on the NSE, before trading at Rs 1363.90 at 9.28 am.
One 97 Communications’ standalone net profit for the quarter ended June 2026 stood at Rs 185 crore as against Rs 63 crore in the same quarter last year.
Board approved additional investment by the Company, by way of subscription, to the equity shares of its wholly owned subsidiary, namely Paytm Money Limited (‘PML’) by way of a Rights Issue for an amount upto ₹ 100 Crore
The Board has approved a proposal to seek shareholders’ approval to revise the utilisation of the remaining IPO proceeds. As of July 20, 2026, ₹1,686 crore of the ₹2,000 crore originally earmarked under Object 2 of the Offer for investing in new business initiatives, acquisitions and strategic partnerships remains unutilised.
Shares rose 2.5% to Rs 1382.40 on the NSE, before trading at Rs 1363.90 at 9.28 am.
