One97 Communications Ltd, the parent company of Paytm, announced that its board has approved a rights issue investment of ₹300 crore in Paytm Money and ₹155 crore in Paytm Services. The move is aimed at strengthening its core businesses and expanding financial services.
The company also revealed plans to consolidate its Foster Payment and First Games subsidiaries in order to create a more simplified group structure.
In a key development, Paytm confirmed that its gaming arm, First Games, has exited the real money gaming business following the enactment of the Promotion and Regulation of Online Gaming Act, 2025.
“Pursuant to the publication by the Government of India in the Gazette, w.r.t. ‘The Promotion and Regulation of Online Gaming Act, 2025’, we have been informed by First Games that it will continue to offer other online social games, as permissible under the said Act and has discontinued its real money gaming business,” the company said in a statement.
Paytm clarified that it will maintain only a limited presence in the gaming segment through social gaming operations allowed under the new law.
On the market front, shares of One97 Communications Ltd closed 0.9 percent higher at ₹1,276.20 on the BSE. The stock has risen more than 19 percent over the past month, reflecting strong investor confidence despite regulatory changes.
The company said the latest moves are aligned with its long-term strategy to focus on financial services, digital payments, and technology-driven offerings while reducing exposure to areas impacted by new regulations.
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