13-05-2025
- Business
- Business Standard
Antfin sells 4% stake in Paytm; General Atlantic offloads 10% stake
Antfin mopped up ₹2,104 crore from the share sale. Shares of Paytm last closed at ₹857, down 1.13 per cent. At the end of March 2025 quarter, Antfin held 9.85 per cent stake in Paytm
Premium
BS Reporter
Listen to This Article
Antfin Netherlands Holding on Tuesday divested 4 per cent stake in One 97 Communications (Paytm) through a block deals. The China-headquartered firm sold a total of 25.2 million shares in two equal tranches of at ₹826 apiece and ₹823.3 apiece, data showed. Antfin mopped up ₹2,104 crore from the share sale. Shares of Paytm last closed at ₹857, down 1.13 per cent. At the end of March 2025 quarter, Antfin held 9.85 per cent stake in Paytm.