One 97 Communications Limited

Tata AIA Life Insurance bought 22,181 shares of One 97 Communications Limited for ₹3.41 Cr at ₹1535.10 apiece in a block deal. Shares of One97 Communications fell on the news of a block deal by Resilient Asset Management B.V., which proposed to sell up to a 4.98% stake in the company.

A leading digital payments and financial services platform in India, One 97 Communications operates an integrated ecosystem serving both consumers and merchants across the country. The company provides payment solutions, financial services, and commerce platforms through its core digital offerings. Its distinctive strength lies in connecting a vast network of users and merchants, enabling transactions and financial inclusion across India's digital economy through a comprehensive suite of services.

Joint venture between Tata Sons and AIA Group. AUM crossed Rs 1.3 lakh crore in May 2025, growing 27% YoY, making it one of the fastest-growing equity-oriented insurers in India. CIO Harshad Patil has run the investment book since 2014. Flagship Multi Cap Fund delivered 31.4% CAGR over 5 years, among the strongest performance in the ULIP universe.