New Delhi : Shares of Paytm's parent company, One97 Communications Limited, fell over 3 per cent in early trading on Tuesday after the Enforcement Directorate (ED) issued a notice against the firm. The stock dropped as much as 3.26 per cent to Rs 702 per share during intra-day trade. The ED announced on Monday that it had sent a notice to One97 Communications, its managing director Vijay Shekhar Sharma, and other associated entities for alleged violations under the Foreign Exchange Management Act (FEMA). The agency stated that its investigation had been completed, and the notice was issued as a step before the adjudication process begins. According to the ED, Paytm's subsidiaries, including Little Internet Private and Nearbuy India Private, have also received show-cause notices. The alleged violations involve foreign investments made by One97 Communications in Singapore, for which the company did not file the necessary reports with the Reserve Bank of India (RBI).