One 97 Communications Limited has announced the allotment of 63,995 equity shares to eligible employees under its Employee Stock Option Plans (ESOP) on April 01, 2026. The allotment was approved by the Nomination and Remuneration Committee of the Board through circulation at 21:17 p.m. (IST), pursuant to the exercise of vested stock options by employees.

ESOP Allotment Details

The equity shares, each having a face value of ₹ 1, were allotted as fully paid-up shares to eligible employees across two different ESOP schemes:

Impact on Share Capital

Following this allotment, the company's capital structure has been updated significantly. The issued, subscribed and paid-up equity share capital increased from the previous level to accommodate the new shares:

Exercise Price and Premium Details

The stock options were exercised at specific financial terms across both ESOP schemes:

Share Characteristics and Trading

The newly allotted equity shares carry identical rights and privileges as existing shares. All equity shares allotted pursuant to the exercise of stock options rank pari-passu with the existing equity shares of the company. The shares have been issued in demat form under ISIN number INE982J01020, with no lock-in restrictions applicable.

Regulatory Compliance

The allotment was conducted in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has filed the required statement under Regulation 10(c) of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 with both NSE and BSE. The disclosure has also been made available on the company's investor relations website at ir.paytm.com.

One 97 Communications Limited disclosed that its step-down subsidiary First Games Technology Private Limited (FGTPL) has received board approval for a significant loan waiver from AGTech Media Holdings Limited. The announcement was made on March 27, 2026 at 9:22 p.m. (IST) through a regulatory filing.

Loan Waiver Details

AGTech Media Holdings Limited has agreed to waive the outstanding loan of approximately ₹142 crore including accrued interest owed by FGTPL. This waiver was formalized through an amendment to certain loan agreements between the two entities.

Original Loan Structure

The loan agreements were executed in phases, with AGTech advancing unsecured External Commercial Borrowings to FGTPL through multiple tranches:

• June 4, 2021: Initial loan agreement
• September 15, 2021: Second tranche
• April 13, 2022: Final tranche

The total amount advanced across these agreements was ₹131.94 crore, which grew to approximately ₹142 crore with accrued interest.

Business Context and Financial Impact

FGTPL had discontinued its real money gaming business following regulatory changes in the sector. This business closure necessitated the restructuring of the subsidiary's financial obligations.

One 97 Communications emphasized that this loan waiver will have no adverse financial impact on the parent company. The company had already fully impaired its investment and shareholder loan in FGTPL, effectively writing off the value prior to this announcement.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The transaction qualifies as a related party transaction since AGTech Media Holdings is a shareholder in FGTPL.

The company confirmed that detailed information regarding this loan waiver agreement would be made available on its investor relations website at ir.paytm.com for stakeholder reference.