Fintech firm One97 Communications, which owns the Paytm brand, has announced plans to infuse ₹100 crore in its wealth tech subsidiary Paytm Money. According to a regulatory filing, the company expects to complete the transaction by September 30, 2026. The investment will be made through a rights issue to the equity shares of Paytm Money Limited (PML), subject to necessary approvals. As reported by PTI, the company expects to close the transaction by September 30, with the additional investment being made by way of subscription to the equity shares of its wholly-owned subsidiary.
Paytm Money, incorporated in 2017, provides comprehensive investment and wealth management services including stock broking, mutual fund distribution and other financial services. As reported in the regulatory filing, the subsidiary has demonstrated strong financial performance with turnover of ₹212.95 crore in FY26. The company maintains its position as a wholly-owned subsidiary of One97 Communications with 100% shareholding.
The rights issue will involve issuance of up to 10 crore additional equity shares of face value ₹10 each by Paytm Money Limited. According to the filing, this issuance will not result in any change in the company's shareholding in PML, which remains at 100%. The investment represents a strategic move to strengthen the subsidiary's capital base for continued growth in the wealth management sector. As per PTI, the issuance of up to 10 crore additional equity shares of face value of ₹10 each by PML, pursuant to the Rights Issue, will not result in a change in shareholding of the company in PML, which remains at 100 per cent.
