One 97 Communications Limited, which operates Paytm, has informed exchanges that it has officially become an Indian Owned and Controlled Company (IOCC), following a shift in its shareholding pattern.
The company stated that domestic investors now hold 50.3% of its equity share capital as of Q4 FY26, thereby establishing majority Indian ownership and control. This marks a significant milestone in Paytm’s ownership structure, with domestic institutional participation continuing to rise.
Institutional ownership from Indian investors stood at 23.1% in Q4 FY26, up from 20.3% in Q3 FY26 and 14.0% in Q4 FY25, indicating a steady increase in local participation. Mutual funds held 16.6% stake, compared to 14.3% in the previous quarter, with as many as 41 mutual funds holding shares in the company.
Additionally, domestic insurance companies have also increased their exposure, with their combined shareholding rising to 5.1% in Q4 FY26.
The company noted that the development reflects growing participation of domestic capital in Paytm, strengthening its positioning as an Indian-controlled entity.
This transition to IOCC status could have broader regulatory and operational implications, particularly in sectors where foreign ownership thresholds and control norms are closely monitored.
Meanwhile, Paytm shares were trading at ₹1,142.55, up ₹35.85 or 3.24% in today’s session.