Paytm sees ₹2,949 crore block deal involving 1.92 crore shares

On Tuesday, a block deal involving 1.92 crore Paytm shares took place, representing 2.95% of the company's total equity and carrying a value of ₹2,949 crore. Each share was traded at a price of ₹1,535.1. Reports indicate that Resilient Asset Management, an entity associated with Paytm founder Vijay Shekhar Sharma, was the seller in this transaction. The funds from the sale will go to the Chinese investor Ant Financial.

by shortkt.com
3 hours ago
Paytm sees ₹2,949 crore block deal involving 1.92 crore shares | ShortKT