One MobiKwik Systems Limited disclosed that its Promoter and Executive Director, Upasana Rupkrishan Taku, acquired 1,07,000 equity shares through market purchases on the National Stock Exchange (NSE). The transactions were executed on September 28 and September 29, 2026, increasing her shareholding in the fintech company.

The acquisition was reported under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The total value of the transaction was approximately ₹2.12 crore, excluding taxes, brokerage, and other charges. This purchase marks a continued accumulation of shares by the promoter since the company's IPO in December 2024.

Transaction Details

The Form C disclosure outlines two distinct market buy orders executed over two days. The first tranche involved 52,000 shares on September 28, 2026, while the second tranche covered 55,000 shares on September 29, 2026. Both trades were conducted on the NSE.

Stakeholding Progression

Following these acquisitions, Upasana Rupkrishan Taku's holding increased from 79,57,670 shares (10.11%) to 80,64,670 shares, representing 10.24% of the company's equity. The disclosure confirms that neither the promoter nor any member of the Promoter Group has sold any equity shares since the IPO.

Since listing in December 2024, the promoter has purchased a cumulative total of 2,94,177 equity shares. This includes an earlier acquisition of 1,87,177 shares in December 2025. The recent buying activity underscores sustained confidence from the leadership team without any offsetting sell-side pressure from the promoter group.

What the Numbers Show

The data reveals a consistent pattern of net accumulation by the promoter group post-IPO. With zero sales recorded since December 2024 and three separate purchase instances disclosed (December 2024/2025 period and current September 2026), the promoter's stake has steadily expanded from 10.11% to 10.24%. The absence of any derivative trading positions in the filing further indicates that the promoter's exposure is purely through direct equity ownership, signaling long-term holding intent rather than short-term hedging strategies.

One MobiKwik Systems Limited has received ₹147.11 crore in Non-Convertible Debentures (NCDs) as consideration for the slump sale of its Lending Services Provider (LSP) business to its wholly owned subsidiary, MobiKwik Distribution Services Private Limited (MDSPL).

The allotment of 14,71,07,912 NCDs was completed on September 28, 2026, discharging the company's obligation under the Business Transfer Agreement. The debentures were issued based on the book value of assets and liabilities determined as on the appointed date of August 18, 2026.

Transaction Details

The consideration was discharged via the allotment of unrated, unlisted, unsecured, redeemable NCDs with a face value of ₹10 each. The transaction involves the transfer of the LSP business, which formed part of One MobiKwik's financial services segment, to MDSPL, formerly known as Mobikwik Credit Private Limited.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This update follows previous stock exchange intimations dated May 22, June 2, July 2, and August 18, 2026. The information has been published on the company's investor relations website.

What the Numbers Show

The valuation of ₹147.11 crore reflects the book value of the transferred assets and liabilities rather than a market-based or discounted cash flow valuation. By structuring the payment through unsecured, unrated NCDs from a wholly owned subsidiary, One MobiKwik retains the economic interest within its consolidated group while formally transferring the operational entity to MDSPL. This structure avoids immediate cash outflow from the subsidiary while recognizing the asset transfer on the parent company's balance sheet through debt instruments.