Mumbai, July 10 -- The entity was officially incorporated on July 8, 2025, with an initial authorised share capital of Rs 10,00,000 and a paid-up/subscribed share capital of Rs 1,00,000. The investment qualifies as a related party transaction, with shares subscribed at par and on an arm's length basis, it added.

The listed entity holds 100% shareholding in the acquired entity, with no additional shares acquired beyond this ownership percentage. The incorporated entity belongs to the financial services industry.

Airtel Money Wallet, a digital wallet service of Airtel Payments Bank, Airtel's non-bank financial entity, enables users to make seamless online and offline payments, recharge mobiles, and pay utility bills directly from their mo...