Current Affairs - Business - Discussion

Ant Group, through its affiliate Antfin (Netherlands) Holding BV, is selling a 4% stake in Paytm’s parent company, One97 Communications Ltd, via a bulk deal on Indian stock exchanges. The deal is valued at approximately ₹2,066 crore and is being executed at a floor price of ₹809.75 per share, reflecting a 6.5% discount to Paytm's last traded price on the NSE. This transaction marks a strategic portfolio shift by Ant Group and is among the notable secondary market deals in recent times. The sale also signals the gradual retreat of foreign investors from major Indian fintech companies like Paytm.