Softbank cuts more stake in Paytm; stock falls 5%
SoftBank entity SVF India Holdings has sold 2.17% stake in One97 Communication between January 23, 2024 and February 26, 2024, bringing down its holding to 2.83%.
SoftBank entity SVF India Holdings has sold 2.17% stake in One97 Communication between January 23, 2024 and February 26, 2024, bringing down its holding to 2.83%.
Paytm founder and CEO Vijay Shekhar Sharma will acquire 10.30% stake in the company from Antfin, via his 100% owned overseas entity, Resilient Asset Management B.V.