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![TheBullCharge Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1889011830191702017.png) Stock Market Insights With The Bull! (India) [@TheBullCharge](/creator/twitter/TheBullCharge) on x 1572 followers
Created: 2025-07-23 02:04:08 UTC

▪   Adani group

Adani group firm to develop Paytm's IT complex in Noida

Adani group firm Manorview Developers will develop IT and ITes complex of fintech firm One97 Communications, which owns Paytm brand, in Noida, the company said in a regulatory filing.

Paytm was allocated a 10-acre plot in Sector XXX of Noida for the development of the complex in 2018 by the Noida Authority.

"We wish to inform you that the company has now taken a fresh step by proceeding to develop the project independently. Accordingly, the board has approved the proposal to appoint M/s Manorview Developers Private Limited, a wholly-owned subsidiary of Adani Infrastructure and Developers Private Limited, as the Engineering, Procurement, and Construction (EPC) Contractor, subject to execution of definitive agreements in this regard," the filing said.

In January 2024, Paytm's board had approved execution of a joint development agreement (JDA) between the company and ACE Builders and Promoters to develop the complex.

#AdaniGroup


XX engagements

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**Related Topics**
[fintech](/topic/fintech)
[india](/topic/india)
[stocks](/topic/stocks)

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TheBullCharge Avatar Stock Market Insights With The Bull! (India) @TheBullCharge on x 1572 followers Created: 2025-07-23 02:04:08 UTC

▪ Adani group

Adani group firm to develop Paytm's IT complex in Noida

Adani group firm Manorview Developers will develop IT and ITes complex of fintech firm One97 Communications, which owns Paytm brand, in Noida, the company said in a regulatory filing.

Paytm was allocated a 10-acre plot in Sector XXX of Noida for the development of the complex in 2018 by the Noida Authority.

"We wish to inform you that the company has now taken a fresh step by proceeding to develop the project independently. Accordingly, the board has approved the proposal to appoint M/s Manorview Developers Private Limited, a wholly-owned subsidiary of Adani Infrastructure and Developers Private Limited, as the Engineering, Procurement, and Construction (EPC) Contractor, subject to execution of definitive agreements in this regard," the filing said.

In January 2024, Paytm's board had approved execution of a joint development agreement (JDA) between the company and ACE Builders and Promoters to develop the complex.

#AdaniGroup

XX engagements

Engagements Line Chart

Related Topics fintech india stocks

Post Link

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