Along with Q1 FY27 results, One 97 Communications, the parent entity that operates fintech platform Paytm, has decided not to proceed with its proposed maiden bonus share issuance.
Following a board meeting held on Monday to review the performance for the first quarter of the financial year 2026-27, the company stated that its primary focus remains on compounding growth and profitability for shareholder value creation.
In a regulatory filing, One 97 Communications clarified that the Board of Directors evaluated the bonus share proposal but chose to maintain capital discipline to drive long-term value creation.
If approved, it would have been the first bonus share issuance in Paytm’s 25-year history, coming after the the digital payments pioneer completed an open-market share buyback worth Rs 850 crore in December 2022
Paytm Bonus Issue 2026
Board of One 97 Communications has decided not to proceed with its proposed maiden bonus share issuance. “The Board emphasises continued focus on compounding growth and profitability for shareholder value creation, decides not to proceed with bonus issue at this time,” said Paytm in an exchange filing.
“After evaluating the proposal from the perspective of long-term shareholder value and due deliberation, the Board was of the view that the Company should continue to focus on further compounding growth and profitability for shareholder value creation. Accordingly, the Board decided not to proceed with the said proposal at this time.,” the company added.
Paytm Share Price
One 97 Communications ended at Rs 1,348.50, up Rs 0.50 or 0.04 % from the previous close of Rs 1,347.50, on the BSE.
(Disclaimer: The above article is meant for informational purposes only and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
