Paytm's Insurance Subsidiary Receives IRDAI License Renewal Until 2029
One 97 Communications Limited announced that IRDAI has renewed the insurance broking license for its wholly-owned subsidiary Paytm Insurance Broking Private Limited. The license, numbered 700 and dated February 09, 2026, is valid from February 17, 2026 to February 16, 2029. The renewal ensures regulatory compliance and uninterrupted operations for the subsidiary under the Direct (Life & General Insurance Broker) category, safeguarding its contribution to the parent company's consolidated financial statements.

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One 97 communications has announced that its wholly-owned subsidiary, Paytm Insurance Broking Private Limited (PIBPL), has successfully obtained a renewal of its insurance broking license from the Insurance Regulatory and Development Authority of India (IRDAI). The announcement was made through a regulatory filing under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
License Renewal Details
The IRDAI has issued a renewed license to PIBPL under the Direct (Life & General Insurance Broker) category. The license carries registration number 700 and is dated February 09, 2026. PIBPL received the license on February 10, 2026 at 1:01 pm IST.
| Parameter: | Details |
|---|---|
| License Number: | 700 |
| Issue Date: | February 09, 2026 |
| Received Date: | February 10, 2026 at 1:01 pm IST |
| Category: | Direct (Life & General Insurance Broker) |
| Validity Period: | February 17, 2026 to February 16, 2029 |
Regulatory Compliance and Impact
The license renewal ensures that PIBPL maintains regulatory compliance and can continue its insurance broking operations without interruption. As a wholly-owned subsidiary of One 97 Communications Limited, PIBPL's financial results are consolidated line-by-line with the parent company's financial statements.
The renewal safeguards PIBPL's contribution to the consolidated financial performance of One 97 Communications Limited. The company emphasized that this renewal ensures uninterrupted continuance of PIBPL's operations, thereby protecting its role in the group's overall business strategy.
License Validity and Conditions
The renewed certificate of registration will remain valid for a three-year period, from February 17, 2026 to February 16, 2029. The license has been issued subject to standard regulatory conditions, requiring PIBPL to comply with:
- All provisions of the Insurance Act, 1938
- Insurance Regulatory and Development Authority Act, 1999
- Rules and regulations made under these acts
- Guidelines, circulars, and directions issued by IRDAI from time to time
Corporate Disclosure
The disclosure was signed by Sunil Kumar Bansal, Company Secretary and Compliance Officer of One 97 Communications Limited, and has been made available on the company's investor relations website at ir.paytm.com. The announcement fulfills the company's obligations under SEBI listing regulations for material events affecting subsidiary operations.
Historical Stock Returns for One 97 Communications
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.58% | -0.86% | -9.88% | +9.31% | +49.80% | -25.60% |


































