Alibaba's Antfin transfers 10.3% stake in Paytm; Sharma now biggest shareholder
The Sharma family becomes the biggest shareholder in One97 at 19.55%; Paytm shares trading in red ₹877.75 against previous closing price of ₹874.45
The Sharma family becomes the biggest shareholder in One97 at 19.55%; Paytm shares trading in red ₹877.75 against previous closing price of ₹874.45
In Q1 FY24, Paytm’s consolidated net loss stood at ₹357 crore compared to loss of ₹644 crore in the corresponding period last year and ₹168 crore in the March quarter of FY23.
Mumbai-based proxy advisor says the fintech firm boss made several commitments in the past to make the company profitable but they have not played out