MoneyWorks4Me

One 97 Communications informs about grant of payment institution license

03 Jul 2026 Evaluate
Further to its disclosure dated January 13, 2026, regarding incorporation of Paytm Europe in Luxembourg, a wholly owned subsidiary of Paytm Cloud Technologies (a wholly owned Indian subsidiary of the Company) and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’). One 97 Communications has informed that Paytm Europe has been informed by CSSF on July 02, 2026 at 08:03 pm (IST) that it has been granted the payment institution licence and also been registered on the payment institutions official list, with effect from July 02, 2026. The licence has been granted in relation to the provision of services namely: (a) execution of payment transactions, including transfers of funds on a payment account with the user’s payment service provider or with another payment service provider: - execution of credit transfers, including standing orders; (b) execution of payment transactions where the funds are covered by a credit line for a payment service user: - execution of credit transfers, including standing orders; and (c) acquiring of payment transactions. The details of the above license as required under the SEBI Listing Regulations read with SEBI Master Circular Nos. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed in Form A. 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.
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Company Name CMP
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