In a filing dated November 28 under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements (LODR), Paytm announced that it has completed the acquisition of the remaining stakes in three of its group companies. The move is part of a broader initiative to simplify the company’s corporate structure.
Through the latest acquisitions, One97 Communications now holds full ownership of Foster Payment Networks Private Limited after acquiring an additional 9.99% stake. The company also gained complete control of Paytm Insuretech Private Limited by acquiring a further 67.55% stake, and Paytm Financial Services Limited (PFSL) by purchasing the remaining 51.22% stake.
Following these transactions, all three companies have officially become wholly owned subsidiaries of One97 Communications, effective November 28, 2025.
Moreover, the acquisition of PFSL has brought several of its investments—including Admirable Software Limited, Mobiquest Mobile Technologies Private Limited, Urja Money Private Limited, and Fincollect Services Private Limited—under the umbrella of One97 Communications as step-down wholly owned subsidiaries through direct and indirect holdings.
The market has reacted positively to the streamlined group structure, contributing to the ongoing uptrend in Paytm’s stock price.On the technical front, Paytm’s daily Relative Strength Index (RSI) for 14 days stands at 57.7. For context, an RSI reading below 30 typically indicates that a stock is oversold and may be due for a rebound, while a reading above 70 suggests it is overbought and could face selling pressure. At 57.7, the stock is in neutral territory, showing moderate strength without being overextended.Also read: Lenskart shares surge 5% after Q2 profit jumps 20% YoY
From a moving averages perspective, the stock is exhibiting a strong bullish trend. It is currently trading above all eight simple moving averages (SMAs), ranging from the 5-day SMA to the 200-day SMA, which indicates consistent upward momentum across both short-term and long-term timeframes. This alignment of SMAs is often seen as a positive signal by technical analysts, suggesting that the stock may continue its upward trajectory.
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