One 97 Communications , the parent company of Paytm, has announced a significant expansion into the Middle East market with the establishment of a new subsidiary in Saudi Arabia. This move marks a strategic step in the company's international growth plans, particularly in the realm of digital payments and technology services.

New Subsidiary Details

The newly formed subsidiary, aptly named 'Paytm Company', has been incorporated in the Kingdom of Saudi Arabia on July 17, 2025. This entity is not directly owned by One 97 Communications but is a wholly-owned subsidiary of Paytm Cloud Technologies Limited (PCTL), which itself is a wholly-owned subsidiary of One 97 Communications.

Investment and Shareholding

One 97 Communications, through its subsidiary PCTL, has made a substantial investment in the new venture:

The Board of Directors of PCTL approved the subscription for 8,500 equity shares at par value, resulting in a total investment of 85,00,000 Saudi Riyal (SAR).

Business Focus

According to the company's disclosure, Paytm Company will focus on the "expansion and distribution of Paytm's technology-led digital payments stack in Saudi Arabia." This move aligns with Paytm's broader strategy to extend its digital payment solutions and technology services to international markets.

Regulatory Compliance

The incorporation of Paytm Company in Saudi Arabia did not require any specific governmental or regulatory approvals. One 97 Communications has made this disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Strategic Implications

This expansion into Saudi Arabia represents a significant step for One 97 Communications in tapping into the growing digital payments market in the Middle East. The move could potentially open up new revenue streams and business opportunities for the company in a region that is rapidly embracing digital financial solutions.

As One 97 Communications continues to expand its global footprint, the performance of this new subsidiary in Saudi Arabia will be closely watched by investors and industry analysts alike. The success of Paytm Company could pave the way for further international expansions and solidify One 97 Communications' position as a global player in the fintech industry.

One 97 Communications Limited , popularly known as Paytm, has announced that it will review its first quarter results for the fiscal year 2026 on July 22, 2025. The company has provided additional details about the upcoming event.

Board Meeting and Financial Results

Paytm's Board of Directors is scheduled to meet on Tuesday, July 22, 2025, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2025. This meeting aligns with the company's obligations under Regulation 29(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Earnings Conference Call

Following the board meeting, Paytm will host an earnings conference call for investors and analysts on the same day, July 22, 2025. The call is scheduled from 06:00 p.m. to 06:45 p.m. Indian Standard Time (IST). During this call, the company will discuss its financial results for the quarter ended June 30, 2025.

Interested participants are required to pre-register for the earnings call through a provided link, which will be available on the company's investor relations website.

Trading Window Closure

In compliance with insider trading regulations, Paytm has announced that the trading window for dealing in the company's securities will remain closed for all designated persons and their immediate relatives until Thursday, July 24, 2025. This closure extends the previously communicated trading restriction period.

Investor Information

For those seeking more information, Paytm will host the details of the financial results and the earnings call on its investor relations website at https://ir.paytm.com/ .

As the fintech giant prepares to unveil its Q1 FY2026 results, investors and market watchers will be keen to assess Paytm's performance in the evolving digital payments and financial services landscape. The upcoming earnings release and conference call will provide insights into the company's financial health and strategic direction for the fiscal year ahead.