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One 97 Communications increased its Paytm Money stake with a Rs 100 crore rights issue
25-Sep-2026, 05:49
One 97 Communications Limited has completed the conversion of outstanding Optionally Convertible Debentures and Convertible Inter Corporate Deposit in Little Internet Private Limited, increasing its shareholding from 62.53% to 77.42%, according to a regulatory filing. Additionally, the company has invested Rs 100 crore in its wholly owned subsidiary, Paytm Money Limited, through a rights issue of equity shares.