One97 Communications will hold a meeting of the Board of Directors of the Company on 20 January 2025.Powered by Capital Market - Live

Dixon Technologies (India) Ltd, K E C International Ltd, Apar Industries Ltd and Jubilant Ingrevia Ltd are among the other losers in the BSE's 'A' group today, 08 January 2025.One 97 Communications Ltd tumbled 7.53% to Rs 908.65 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 4.8 lakh shares were traded on the counter so far as against the average daily volumes of 3.21 lakh shares in the past one month.Dixon Technologies (India) Ltd crashed 7.53% to Rs 17061. The stock was the second biggest loser in 'A' group.On the BSE, 23688 shares were traded on the counter so far as against the average daily volumes of 15394 shares in the past one month.K E C International Ltd lost 6.11% to Rs 1058.7. The stock was the third biggest loser in 'A' group.On the BSE, 1.95 lakh shares were traded on the counter so far as against the average daily volumes of 25105 shares in the past one month.Apar Industries Ltd shed 6.07% to Rs 10957.6. The stock was the fourth biggest loser in 'A' group.On the BSE, 3705 shares were traded on the counter so far as against the average daily volumes of 3282 shares in the past one month.Jubilant Ingrevia Ltd corrected 5.29% to Rs 794.8. The stock was the fifth biggest loser in 'A' group.On the BSE, 39823 shares were traded on the counter so far as against the average daily volumes of 43607 shares in the past one month.Powered by Capital Market - Live

One 97 Communications has allotted 1,48,313 equity shares under ESOS on 07 January 2025. Consequently, the paid up equity share capital has increased to Rs 637,530,943 (consisting of 637,530,943 equity shares of face value of Re 1 each).Powered by Capital Market - Live

Securities in F&O Ban: PVR Inox, RBL Bank, Granules India, Manappuram Finance shares are banned from F&O trading on 9 December 2024. Stocks to Watch: PC Jeweller informed that its board will meet on Wednesday, 11 December 2024, to approve the issuance of 5,17,11,462 equity shares by way of preferential allotment on private placement basis. JSW Energy announced that its wholly owned subsidiary JSW Neo Energy, has received a letter of award (LoA) from NTPC for the development of a 400 MW ISTS-connected solar power project. Laurus Labs announced that its subsidiary, Laurus Bio, has secured an equity investment of Rs 120 crore from Eight Roads Ventures and F-Prime Capital. Power Finance Corporation's wholly owned subsidiary, PFC Consulting has incorporated a special purpose vehicle (SPV) company, NER Expansion Transmission the purpose of North-Eastern Region Expansion Scheme-XXV Part-A (NERES-XXV Part-A). One 97 Communications (Paytm) informed that its wholly-owned subsidiary, One97 Communications Singapore (Paytm Singapore), has approved sale of stock acquisition rights (SARs) held in PayPay Corporation, Japan (PayPay) for Rs 2,364 crore. Suven Pharmaceuticals announced that it has signed definitive agreements to acquire a 56% equity stake in NJ Bio, Inc. The $64.4 million deal includes both primary equity infusion and secondary acquisition. As part of the deal, the company will invest $15 million in primary equity to accelerate NJ Bio's growth initiatives. NJ Bio is a Contract Research, Development, and Manufacturing Organization (CRDMO) based in Princeton, New Jersey. Biocon has received an Establishment Inspection Report (EIR) with a Voluntary Action Indicated (VAI) status from the US Food and Drug Administration (USFDA) for its API facility (site 2) in Bengaluru. This report is based on a surveillance inspection conducted by the USFDA between 23rd-27th September 2024.Powered by Capital Market - Live

These SARs, acquired by Paytm Singapore in September, 2020 will be sold to a SoftBank Vision Fund 2 entity for net proceeds of JPY 41.9 billion (equivalent to Rs 2,364 crore). Through this deal, PayPay is valued at JPY 1.06 trillion and accordingly, PayPay SARs held by Paytm Singapore are valued at net proceeds of JPY 41.9 billion (after netting off the exercise cost of SARs). The transaction is expected to be closed in December 2024, subject to the satisfactory completion of all corporate approvals and customary closing conditions. Paytm Singapore spokesperson said, We are grateful to Masayoshi-san and the PayPay team for giving us the opportunity to together create a mobile payment revolution in Japan. We remain fully committed and will continue to support PayPay's product and technology innovations in future. We are working on introducing new AI-powered features to accelerate PayPay's vision in Japan.' The board of Paytm Singapore has approved the sale of the above-mentioned SARs as it has created significant value for the company. The SARs sale net proceeds would fortify the consolidated cash reserves of OCL and help drive future business initiatives, focused on maximizing value creation for shareholders. Paytm is India's leading mobile payments and financial services distribution company. Pioneer of the mobile QR payments revolution in India, Paytm builds technologies that help small businesses with payments and commerce. Paytm's mission is to serve half a billion Indians and bring them to the mainstream economy with the help of technology. The company reported a consolidated net profit of Rs 928.30 crore in Q2 FY25 as compared with net loss of Rs 290.50 crore posted in Q2 FY24. Revenue from operations was at Rs 1,659.50 crore in September 2024 quarter, down 34.1% YoY. The scrip jumped 2.02% to end at Rs 975.80 on Friday, 6 December 2024.Powered by Capital Market - Live

One 97 Communications announced that its wholly-owned subsidiary, One97 Communications Singapore Private (Paytm Singapore), has approved sale of Stock Acquisition Rights (SARs) held in PayPay Corporation, Japan (PayPay). These SARs, acquired by Paytm Singapore in September, 2020 will be sold to a SoftBank Vision Fund 2 entity for net proceeds of JPY 41.9 billion. Through this deal, PayPay is valued at JPY 1.06 trillion and accordingly, PayPay SARs held by Paytm Singapore are valued at net proceeds of JPY 41.9 billion (after netting off the exercise cost of SARs) equivalent to Rs 2,364 crore. The transaction is expected to be closed in December 2024 subject to the satisfactory completion of all corporate approvals and customary closing conditions. The Board of Paytm Singapore has approved the sale of the above-mentioned SARs as it has created significant value for the Company. The SARs sale net proceeds would fortify the consolidated cash reserves of OCL and help drive future business initiatives, focused on maximizing value creation for shareholders. Powered by Capital Market - Live

One 97 Communications (OCL), which owns the brand Paytm, has introduced automatic top-up for Paytm UPI Lite. This feature allows users to automatically recharge their UPI Lite balance when it falls below a set limit, ensuring seamless small-value transactions without the need for a PIN. Payments of up to Rs 500 can be made per transaction, with a daily limit of Rs 2000, making it ideal for recurring daily payments. Paytm UPI Lite streamlines daily transactions'such as purchasing groceries, paying for transportation, managing subscriptions, or settling small bills'by eliminating the need for a PIN. It helps maintain clutter-free bank statements, as routine payments are processed through an on-device wallet without directly accessing the main bank account. Additionally, the company has introduced a UPI statement download feature, enabling users to view and download detailed records of all UPI transactions, including those made via Paytm UPI Lite. This enhancement supports effective expense monitoring and spending management. The Paytm UPI Lite auto top-up feature is live on Yes Bank and Axis Bank handles for select users, and will soon be expanded to all users and remaining partnered banks.Powered by Capital Market - Live

The company reported net loss of Rs 292 crore in Q2 FY24 and a net loss of Rs 840 crore Q1 FY25. Paytm's operating revenue for Q2 FY25 reached Rs 1,660 crore, marking an impressive 11% quarter-over-quarter (QoQ) increase. The contribution margin expanded to 54%, up from 50.44% in the previous quarter. This translated to a contribution profit of Rs 894 crore, a substantial 18% QoQ growth. EBITDA before ESOP improved by Rs 359 crore QoQ to Rs -186 crore and the company remains committed to reach EBITDA before ESOP profitability by Q4 FY 2025. During the quarter, the firm completed the transaction to sell its entertainment ticketing business to Zomato Limited. The final price, after working capital adjustments, was Rs 2,014 crore, leading to gains of Rs 1,345 crore, which is reported under the exceptional items in the P&L. This transaction has resulted in further strengthening our balance sheet with a cash balance of Rs 9,999 crore. Payment services revenue reached Rs 981 crore, a 9% increase from Q1 FY25. The net payment margin expanded to Rs 465 crore, up 21% QoQ. Gross merchandise value (GMV) processed through the Paytm platform reached Rs 4.5 lakh crore, a 5% QoQ increase. The number of merchant subscribers for Paytm devices reached 1.12 crore as of September 2024, an increase of 3 lakh from the previous quarter. Financial services revenue was Rs 376 Cr, up 34% QoQ, on account of increase in collection bonus in merchant loans due to better asset quality trends, and higher share of merchant loans. Paytm said it is prioritizing compliance, merchant payment innovation, customer acquisition, cross-selling financial services, and leveraging AI to reduce costs. This strategy aims to drive sustainable growth and profitability. Shares of Paytm were currently down 3.85% at Rs 697.90. Paytm is India's leading mobile payments and financial services distribution company. Powered by Capital Market - Live

Net profit of One 97 Communications reported to Rs 928.30 crore in the quarter ended September 2024 as against net loss of Rs 290.50 crore during the previous quarter ended September 2023. Sales declined 34.11% to Rs 1659.50 crore in the quarter ended September 2024 as against Rs 2518.60 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1659.502518.60 -34 OPM %-24.30-9.17 - PBDT-227.90-93.20 -145 PBT-406.50-273.30 -49 NP928.30-290.50 LP Powered by Capital Market - Live

One97 Communications will hold a meeting of the Board of Directors of the Company on 22 October 2024.Powered by Capital Market - Live