Shares of One 97 Communications Ltd (Paytm) fell 1.5% after touching a day’s excessive of Rs 1,276.10 on twenty sixth August, though the corporate stated on Monday (twenty fifth August) that its board had permitted rights challenge investments of Rs 300 crore in Paytm Cash and Rs 155 crore in Paytm Providers to strengthen its core companies.
Paytm stated it’ll merge its Foster Fee and First Video games models to simplify its group construction.
Its gaming arm, First Video games, has exited the real-money gaming enterprise following the enactment of the Promotion and Regulation of On-line Gaming Act, 2025. The corporate clarified that First Video games will proceed to supply social video games allowed beneath the regulation, however has stopped providing real-money gaming.
Paytm added that it’ll now have solely restricted publicity to the gaming section by way of these social video games.
At 11:43 AM, the shares of Paytm had been buying and selling 1.54% decrease at Rs 1,256.50 on NSE.
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