One 97 Communications has informed that in furtherance to the letter dated January 20, 2025, wherein the Company informed about sale of 100% stake by its subsidiary company, Mobiquest Mobile Technologies (Mobiquest) in its wholly-owned subsidiary, Xceed IT Solutions Private Limited, they have been informed by Mobiquest on February 21, 2025 at 8.49 pm (IST) that the said transaction has been completed. This disclosure will also be hosted on the Company's website, https://ir.paytm.com/
The above information is a part of company’s filings submitted to BSE.