Gains ~₹142 Crore from Subsidiary Loan Waiver
One 97 Communications Limited · PAYTM · NSE ·
A loan of ~₹142 Crores for its step-down subsidiary, First Games Technology Private Limited (FGTPL), has been waived by a related party. This will result in a direct gain of the same amount in the company's consolidated financial statements, strengthening its balance sheet. The w…