New Delhi: One 97 Communications Ltd (OCL), the parent of digital payments firm Paytm, on Monday said it has received a compounding order from the Reserve Bank of India (RBI) under the Foreign Exchange Management Act (FEMA), requiring it to pay a fee of ₹18.76 lakh, even as the company maintained that the development will not have any material impact on its financials or operations.
In a regulatory filing to the stock exchanges, the company said the order was received on February 2, 2026, and pertains to one of the compounding applications it had filed as part of a regulatory resolution mechanism available under FEMA.
According to the disclosure, the RBI has imposed the compounding fee in respect of certain investments made in Little Internet Private Limited by Little Internet Singapore Pte Ltd. The underlying transactions relate to the period between March 2016 and June 2017 and involved a transaction value of around ₹33 crore. The company said it is in the process of making the payment, after which the matter will stand disposed.
Paytm also pointed out that this is not the first such resolution. During the quarter ended December 31, 2025, the RBI had compounded certain matters relating to Nearbuy India Private Limited for a fee of about ₹4.28 lakh, a fact already disclosed in its financials.
The company reiterated that the compounding order does not have any material financial or operational impact and said it will comply with the directions issued by the regulator.
Market participants typically view compounding under FEMA as a closure mechanism that allows companies to settle procedural or technical contraventions without prolonged litigation, though repeated disclosures in this area remain on investors’ radar.