One 97 Communications Ltd

Key Update

• NPCI will implement MDR on select P2M UPI transactions after Diwali; date to be notified.

One 97 Communications Ltd trading window closed from October 01, 2026; will reopen 48 hours after the announcement of the financial results of the Company for the quarter and half year ended September 30, 2026

LIPL stake enhancement

• One97 completed debt-to-equity conversion in LIPL, raising ownership from 62.53% to 77.42%.
• Form of consideration: conversion of OCDs and CID into equity.
• Related party: intra-group transaction increasing parent stake in subsidiary.
• Completion date: September 25, 2026.

PML investment

• One97 completed INR 100 crore investment in Paytm Money Limited via rights issue subscription.

AGM Details

• AGM held on Sept 15, 2026 at 09:30 IST via VC/OAVM; record date 08-09-2026.

Key Resolutions

• Resolution 1 (Ordinary): Adopt Audited Standalone and Consolidated Financial Statements; 99.9072% in favour.
• Resolution 2 (Ordinary): Re-appoint Ravi Chandra Adusumalli; 98.0320% in favour.
• Resolution 3 (Ordinary): Revise remuneration for MD & CEO Vijay Sharma; 98.2425% in favour.
• Resolution 4 (Ordinary): Approve revised remuneration framework for Non-Executive Directors; 98.8834% in favour.
• Resolution 5 (Special): Appoint Narasinganallore Venkatesh Srinivasan as Non-Executive Independent Director; 99.8172% in favour.
• Resolution 6 (Special): Appoint Sachee Trivedi as Non-Executive Independent Director; 99.8853% in favour.
• Resolution 7 (Ordinary): Appoint Amitabh Kumar Singhal as Non-Executive Non-Independent Director; 95.9229% in favour.
• Resolution 8 (Special): Variation in IPO proceeds utilisation and timeline; 99.9990% in favour.
• Resolution 9 (Special): Amend ESOP Scheme 2019; 91.6945% in favour.

Key Update

• NPCI introduces up to 0.4% MDR on UPI P2M > ₹2,000; Oct 15, 2026; merchant revenue rises.

AGM Details

• AGM held on 15 September 2026 via VC/OAVM.
• Start time 09:30 IST; end time 11:26 IST.
• Remote e-voting: 12–14 September 2026.
• Voting cut-off date: 08 September 2026.
• Record/book closure dates not disclosed.

Resolutions

• Ordinary: Adoption of standalone and consolidated financial statements.
• Ordinary: Re-appointment of Ravi Adusumalli as director by rotation.
• Special: Revision in remuneration payable to MD and CEO.
• Ordinary: Revised remuneration framework for non-exec directors.
• Special: Appointment and remuneration of Narasinganallore Srinivasan as NED.
• Special: Appointment and remuneration of Sachee Trivedi as NID.
• Ordinary: Appointment and remuneration of Amitabh Singhal as NED.
• Special: Variation in IPO proceeds utilisation and timeline.
• Special: Amend ESOP Scheme 2019.

Voting Status

• Voting results to be declared within statutory timelines.
• Resolutions deemed passed subject to requisite majority.

Director Changes

• Re-appointment of Ravi Adusumalli (rotation).
• Narasinganallore Srinivasan appointed as Non-Executive Independent Director.
• Sachee Trivedi appointed as Non-Executive Independent Director.
• Amitabh Singhal continues as Non-Executive Non-Independent Director.

Auditors

• Statutory Auditors represented; no changes announced.

Other Approvals

• IPO proceeds utilisation variation.
• ESOP 2019 amendments proposed.

Capital / Securities

• NRC approved allotment of 4,74,714 equity shares under ESOP 2019 on Sep 01, 2026.
• Face value ₹1 per share; issued capital increases to ₹64,16,07,824.
• Exercise price ₹9; premium ₹8 per share.
• ISIN INE982J01020.
• Allotted shares rank pari-passu with existing equity.
• Distinctive numbers 65,66,99,857 to 65,71,74,570.
• Date of issue: Sep 01, 2026; no lock-in.
• Shares listed on NSE and BSE; scrip code 543396.
• No lock-in on the shares.

AGM notice and email-registration communications

• AGM scheduled for Sep 15, 2026 at 09:30 IST via VC/OAVM.
• Notice and FY2025-26 Annual Report accessible via links in the AGM notice.
• Non-registered email shareholders will access documents via a web-link.
• Shareholders must register or update email with DP/RTA to receive communications.
• Physical shareholders should submit ISR-1 form to Company/RTA to register email.
• Links include Company website, BSE/NSE, NSDL e-voting, and RTA portal.
• Letter notifying non-registered email addresses was sent on August 21, 2026.