One97 Communications, the parent company of Paytm, has responded to media reports speculating that Adani Group chairman Gautam Adani is considering acquiring a stake in the company.
In an official statement, One97 Communications clarified, "The abovementioned news item is speculative, and the company is not engaged in any discussions in this regard. We have always made and will continue to make disclosures in compliance with our obligations under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015."
This statement comes amid market speculation following reports of a possible stake acquisition by the Adani Group. One97 Communications emphasised its commitment to transparency and adherence to regulatory requirements.
