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Paytm block deal: SocGen, Ghisallo, Viridian among biggest buyers in Rs 964 crore stake sale
Paytm's parent company, One 97 Communications, saw Rs 964 crore in block deals on Friday. Major institutional investors like Societe Generale and Nippon India Mutual Fund bought shares. Existing shareholders such as SAIF Partners reduced their holdings. This activity occurred as Paytm shares experienced a decline. The stock has shown a recovery over the past year.
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thehindubusinessline.com
Elevation Capital to sell 1.3% stake in Paytm parent company
Elevation Capital to sell 1.3% stake in Paytm's parent company, raising approximately ₹963.6 crore through a bulk share sale.
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economictimes.indiatimes.com
Paytm block deal: SAIF Partners, others likely to sell stake worth Rs 963 crore, says report
Paytm's existing investors are expected to sell shares in a block deal. The transaction will involve approximately 8.6 million shares. The floor price is set at Rs 1,120.65 per…
