August 12, 2025
BSE Limited National Stock Exchange of India Limited
Department of Corporate Services, The Listing Department,
Phiroze Jeejeebhoy Towers, Exchange Plaza,
Dalal Street, Fort, Bandra Kurla Complex,
Mumbai - 400 001 Mumbai - 400 051
Scrip Code: 543396 Symbol: PAYTM
Sub.: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 - Paytm Payments Services Limited (PPSL) receives in-principle authorisation to
operate as an Online Payment Aggregator under the Payment and Settlement Systems Act, 2007
Dear Sir/ Ma’am,
This is in furtherance to our stock exchange filing dated August 28, 2024, regarding the application filed by
Paytm Payments Services Limited (PPSL), a wholly-owned subsidiary of One 97 Communications Limited (OCL
or the Company), for a Payment Aggregator (PA) licence. We would like to inform you that Reserve Bank of
India (“RBI”) has granted ‘in-principle’ authorisation to PPSL vide its letter CO. DPSS.AUTH.No.
S532/02.27.004/2025-26 dated August 12, 2025, to operate as an Online Payment Aggregator under the
Payment and Settlement Systems Act, 2007.
A copy of the RBI letter is annexed to this disclosure.
This disclosure will also be hosted on the Company's website viz. www.paytm.com.
Kindly take the same on record.
Thanking you
Yours Sincerely,
For One 97 Communications Limited
Digitally signed by
SUNIL KUMAR SUNIL KUMAR BANSAL
BANSAL Date: 2025.08.12
20:32:29 +05'30'
Sunil Kumar Bansal
Company Secretary & Compliance Officer
Encl: As above
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RESERVE BANK OF INDIA
www.rbi.org.in
CO. DPSS.AUTH.No. S532/02.27.004/2025-26 August 12, 2025
� <t>lllct>l.ft � Chief Executive Officer
�� -e�\JI fflfqc\s Paytm Payments Services Limited
136, First Floor, Devika Tower
136, �-i:tfu@. �cf<R
�1:ffif Nehru Place
New Delhi - 110019
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1jTTcfR � PfqcH Vo'ITTft �. 2007 � In-Principle authorisation to operate as an
OQO Jt1•n11�-1 1jl@T";f ��ilc'( � � 11' q;llf Online Payment Aggregator under the
mit>� �<.5(iRtq, �- cltt�Jl � Payment and Settlement Systems Act, 2007
t1F<Mu1 faflle-s ctilcfl�t1�a, - Paytm Payments Services Limited (PPSL)
� JffCm> � 3fR �'CR�� This has reference to your application and
cm � t I related correspondence on the subject.
2. '1-fRcfrq- ftircf � (�� Qd�cllxl 2. Reserve Bank of India (RBI) hereby grants
Pt1;1Rlffila � � '3-f� clehp-1 � t1f<Mu1 an 'in-principle' authorisation to Paytm
fdflle-s ctilcfl�tl�c:1) cm-
3ll-idl�-1 'ljT@R Payments Services Limited (PPSL) to
operate as an online Payment Aggregator
Q!fiikx � � ii
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subject to adherence to the Guidelines on
·.a�iffi<t>' � � Q5«fT t
\Jf1" 'lj1T?fR
Regulation of Payment Aggregators and
.Jff?" q, w
�J?/Mc? 'lj1T?fR 7fc;j- RIPllRrt f8:wtPJ!1<1 Payment Gateways dated March 17, 2020 (as
� 17 m7cf 2020 (�-� 'CR � � updated from time to time) ("PA-PG
� ("�--cfu;fi faS<11Ptc1S<I") 3fR �� Guidelines") and the clarifications issued by
WxT 31 m7cf 2021 cf51" JQ{lcfc1 fGS<11Pta:S<n· 'CR "GlRt RBI regarding the aforementioned guidelines
on March 31, 2021.
3. � 'clfFf "Fam '11RT � fcp- � .a�if?l<t> 3. It should be noted that this in-principle
� $<@ �--cfu;fi faS<11Pt<!'S<n" if� authorisation only covers online PA operations
d-111dl�-1 -cftQ q�i:llffi 3fR Wf-� cm- qjcR Q5«fT as defined in PA-PG Guidelines and
t \Jl1" dllQl�l!l. qfl- Jffi � � � '"Q°-3ffi3c' � transactions which do not fall under the ambit
'l;{'@R��ll1'Tfflt�.��-14.tt�. ��=- �'lf11l'l�mif. 1111i, �-400 001
lllT'J: (91-22) 2264 4 995, �: (91-22) 2265 9566, 2269 1557, f�:
[email protected] in
Department or Payment and settlement Systems, Central Office, 14"' Floor, Central Office Building, Shahid Bhagat Singh Road, Fort, Mumbai -400 001
Phone: (91-22) 2264 4995, Fax: (91-22) 2265 9566, 2269 1557, Email:
[email protected] in
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Caution: RBI never sends mails, SMSs or makes calls asking for personal information like bank account details, password, etc. It never
kee s or offer funds to an one. Please do not res ond in an manner to such offers.
qRqcf'1 � 1¾fct *· $"q";ft cf51" 04 �. 2022 � ownership of the company, the company
"TR-� �'3fl � f.:r¢foT � �1� should refer to and be guided by "Requirement
for obtaining prior approval in case of takeover
'3flxTR-��'3fl� 1ffclR���
I acquisition of control of non-bank PSOs and
fmtftn:�ia-<01 � � * 1lcf Ji-j.4lc:H "ITTca- �
sale I transfer of payment system activity of
non-bank PSO" dated July 04, 2022.
7.�"Q;f CO. DPSS.AUTH.No. S1401/02.27.004 7. Merchant onboarding restrictions placed on
/2022-23 � 25 � 2022 � '1-fT«fiq Paytm Payments Services Limited (PPSL) vide
�Fcf.?lGi � RJf?ie-s "CR wrnz � 1Nc letter CO. DPSS.AUTH.No. S1401 /02.27.004/
2022-23 dated November 25, 2022, stand
J.ii.-J<Sfl�ll �'c.f � -q;r � crrfug � � �
withdrawn from the date of this letter.
\JJIB i I
Kindly acknowledge receipt.
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