Paytm parent One 97 Communications Limited has received a key regulatory boost after the Insurance Regulatory and Development Authority of India (IRDAI) renewed the insurance broking licence of its wholly-owned subsidiary, Paytm Insurance Broking Private Limited (PIBPL).
The renewal has been granted under the Direct (Life & General Insurance Broker) category. According to the regulatory filing made under Regulation 30 of the SEBI Listing Regulations, IRDAI issued the renewed licence bearing number 700 on February 09, 2026. The licence was officially received by PIBPL on February 10, 2026 at 1:01 PM IST.
The renewed IRDAI insurance broking licence will remain valid for a three-year period, starting from February 17, 2026 and ending on February 16, 2029. This approval allows PIBPL to continue offering life and general insurance broking services without any operational disruption.
From a business perspective, the development is significant for One 97 Communications as PIBPL’s financials are consolidated line-by-line with the parent company’s results. The licence renewal ensures full regulatory compliance and uninterrupted insurance distribution operations, thereby protecting PIBPL’s ongoing contribution to Paytm’s consolidated financial performance.
The company also clarified that there has been no withdrawal, suspension, or cancellation of the licence by the regulator, and there is no monetary or operational impact arising from this approval. Since the licence has been renewed smoothly, no corrective actions were required.