One 97 Communications Ltd (OCL), that owns the brand Paytm, India's leading payments and financial services company and the pioneer of QR and mobile payments, on Tuesday announced that its Board has approved a proposal for buyback of equity .
Digital financial services firm One97 Communications, which operates under the Paytm brand, on Tuesday announced a share buyback scheme worth Rs 850 crore at Rs 810 apiece.
Paytm share buyback: This buyback will not have any impact on Paytm's growth plans in the near future or on its profitability plans, says its parent One 97 Communications Limited