One 97 Communications Limited — Updates, 17-07-2025: Incorporation

One 97 Communications Limited's wholly-owned subsidiary, Paytm Cloud Technologies Limited, has incorporated "Paytm Company" as a wholly-owned subsidiary in the Kingdom of Saudi Arabia. This new entity aims to expand and distribute Paytm's digital payments technology in the region. Paytm Cloud Technologies Limited's board approved an investment of 8,500,000 Saudi Riyal to acquire 8,500 equity shares in "Paytm Company," securing 100% indirect ownership. This move signals Paytm's strategic push for international market penetration in digital financial services.