Shares of One 97 Communications Ltd (Paytm) were in focus on Monday, December 1, as the stock climbed over 2% to trade at Rs 1,356, up Rs 35.40 from the previous close.
The upside comes after the company announced that it has acquired the remaining stakes in three of its group entities, making them wholly owned subsidiaries (WOS) of Paytm effective November 28, 2025.
Paytm acquires full ownership in key subsidiaries
According to the company, the following stakes were acquired:
| Subsidiary | Stake Acquired |
|---|---|
| Foster Payment Networks Private Limited | 9.99% |
| Paytm Insuretech Private Limited | 67.55% |
| Paytm Financial Services Limited (PFSL) | 51.22% |
With this move, all three have now become 100% Paytm-owned subsidiaries.
Four more companies become step-down subsidiaries
Following the PFSL acquisition, four additional entities are now step-down wholly owned subsidiaries of Paytm:
- Admirable Software Limited
- Mobiquest Mobile Technologies Private Limited
- Urja Money Private Limited
- Fincollect Services Private Limited
Why this matters
The company said the restructuring will help simplify the group structure and improve operational alignment across payments, insuretech, and lending businesses.
Financial backdrop
Paytm’s consolidated assets stood at Rs 21,447.70 crore as of March 2025, a 14.74% YoY rise. Total equity increased to Rs 14,997.10 crore, up 12.77% YoY.
Disclaimer
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