5433962026-10-26PAYTMOne 97 Communications Limited543396NOTLISTEDINE982J01020Change in regulatory framework (Sub-para 7-Para B)Newfalse2026-10-2620:25:00Note: <br /> <br /> In 'General Info Sheet', Under column E of Row 19, “New” has been selected under the field “Type of Announcement” solely for validation purposes as there are only two options under dropdown, i.e. New and Revision. The present intimation is an update to our earlier intimation dated October 13, 2026.2026-10-26 National Payments Corporation of IndiaIntroduction of MDR on UPI P2M transactions above INR 2,000As per latest NPCI press release dated October 13, 2026, MDR will be implemented immediately after Diwali, on a date to be notified separately. Potential upside of MDR will be reflected in Payments Processing Margin (i.e. MDR revenue earned on payments GMV net of payments processing charges), which has been expanding structurally and is comfortably above 4 bps currently. Based on the proposed cap of 0.4% MDR on select payments (non-industry merchants) for payments above ₹2,000, and basis our current GMV mix, we expect an indicative uplift of approximately 2.5 bps in overall PPM. We expect the actual outcome may stabilise in 2–3 quarters post implementation. As we have better visibility, further updates may be provided in our future earnings release.2026-10-26Notes: <br /> <br /> 1. In furtherance to our disclosure dated September 15, 2026 and as per latest NPCI press release dated October 13, 2026, MDR will be implemented immediately after Diwali, on a date to be notified separately. As we have better visibility, further updates may be provided in our future earnings release <br /> <br /> 2. In 'Effect(s) arising out of Change' Sheet, Under column E of Row 11, “26-10-2026” has been written under the field “Effective date of change” solely for validation purposes as effective date is yet to be notified by NPCI.