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Paytm's parent company One 97 Communications Ltd has been sent a cautionary notice by the National Stock Exchange (NSE) and BSE for the delay in disclosing the schedule of its earnings call. These notices received on March 28, 2025 relate to Paytm's earnings call to be held on May 22, 2024 for the financial year ending March 31, 2024. In the exchange filing, Paytm acknowledged the delay and confirmed that it has already taken corrective steps to avoid such lapses in future. Paytm said that there will be no impact on the company's finances, operations or other activities.
In a separate news, Paytm has announced the sale of its 12.75 per cent stake in Jugnoo's parent company Socomo Technologies for Rs 3 crore. The transaction, which was approved by Paytm's board, is expected to be completed by March 31, 2025. "This move is in line with our strategic focus on strengthening our core payments and financial services business," Paytm said in its regulatory filing. Stock performance On Friday, the company's stock closed 3.35 per cent lower at Rs 783. In the last one year, the company's stock has seen a gain of 92.83 per cent.
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