One 97 Communications Limited has successfully incorporated a wholly owned step-down subsidiary in Indonesia, marking another milestone in the company's international expansion strategy. The new entity, PT Paytm Indonesia Teknologi, was established on April 10, 2026, through the company's existing subsidiary structure.

Incorporation Details and Investment Structure

The incorporation was executed jointly by Paytm Cloud Technologies Limited (PCTL), a wholly owned subsidiary of One 97 Communications, and Paytm Singapore Pte. Ltd., which is a wholly owned subsidiary of PCTL. This layered subsidiary approach demonstrates the company's strategic structuring for international operations.

Strategic Expansion Through Subsidiary Network

The establishment of Paytm Indonesia represents a continuation of the company's international expansion plans, building upon its previous disclosure dated December 22, 2025. The subsidiary structure allows One 97 Communications to leverage its existing operational framework while maintaining strategic control over its Indonesian operations.

The incorporation follows regulatory compliance under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency with stakeholders and regulatory authorities.

Corporate Governance and Compliance

The company has maintained proper disclosure protocols, with Company Secretary and Compliance Officer Sunil Kumar Bansal (FCS 4810) overseeing the regulatory filings. The disclosure was made to both BSE Limited (Scrip Code: 543396) and National Stock Exchange of India Limited (Symbol: PAYTM), ensuring comprehensive market communication.

Additional details regarding this incorporation will be made available on the company's investor relations website at ir.paytm.com, providing stakeholders with continued access to relevant corporate developments.

One 97 communications Limited has submitted its quarterly compliance certificate to stock exchanges for the quarter ended March 31, 2026, fulfilling regulatory requirements under SEBI depositories regulations.

Regulatory Filing Details

The company filed the compliance certificate on April 10, 2026, with both BSE Limited and National Stock Exchange of India Limited. The submission was made pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018.

Registrar Confirmation

MUFG Intime India Private Limited (formerly Link Intime India Private Limited), serving as the company's Registrar and Share Transfer Agent, provided the compliance confirmation certificate. The registrar confirmed that all securities received from depository participants for dematerialisation during the quarter were properly processed.

Key confirmations from the registrar included:

• All securities received for dematerialisation were confirmed (accepted/rejected) to depositories within prescribed timelines
• Securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners

Corporate Governance Compliance

The filing demonstrates the company's adherence to corporate governance requirements and regulatory compliance protocols. Company Secretary Sunil Kumar Bansal (FCS: 4810) signed the submission as the designated Compliance Officer.

The certificate was also copied to National Securities Depository Limited and Central Depository Services India Limited, ensuring all relevant depositories were informed of the compliance status for the quarter ended March 31, 2026.