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One 97 Communications Ltd. announced the voluntary winding up of its associate company, Paytm Payments Bank Limited (PPBL), following the cancellation of its banking license by the Reserve Bank of India. The Board of Directors and Shareholders approved the necessary resolutions on April 25, 2026. The company stated that this winding-up is not expected to materially impact its business or operations, which will continue uninterrupted.

Corporate Insolvency Resolution Process. admitting the Corporate Insolvency Resolution Process (“CIRP”), continues to remain stayed by the NCLAT.