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Paytm bulk deal: Societe Generale buys over 67 lakh shares price Rs 720 crore in One 97 Communications


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French banking behemoth Societe Generale purchased over 67 lakh shares price Rs 720 crore in Paytm father or mother One 97 Communications by way of a few bulk offers on Tuesday the place Ant Group affiliate Antfin (Netherlands) Holding B.V. made an entire exit from the corporate, promoting 5.84% stake that represented over 3.72 crore shares.

Societe Generale bought these shares at a worth of Rs 1,067.50 a chunk, above the ground worth of Rs 1,020. The ground worth was at a 5.4% low cost over the Monday closing worth.


Paytm shares closed with 2.3% declines at the moment, settling at Rs 1,053 crore on the NSE.

There was one other bulk deal reported the place My Asian Alternatives Grasp Fund LP purchased 35 lakh shares price Rs 374 crore. The shares have been bought at a worth of Rs 1,067.50 apiece.

Antfin was the final remaining Chinese language shareholder, and now Paytm will not have any Chinese language possession.


“With the long-standing overhang from a significant Chinese language investor now eliminated, Paytm’s inventory may see a constructive response as possession issues ease and provide stress decreases. Such clean-out trades typically present readability to the market, permitting buyers to refocus on fundamentals and future progress. The exit additionally aligns the cap desk extra with regulatory expectations, which may very well be considered favourably within the context of Paytm’s pending cost aggregator license,” mentioned JM Monetary‘s Sachin Dixit.With the exit of Antfin, Paytm’s pre-IPO cap desk has seen a near-complete churn. Main early backers, together with Alibaba, SoftBank, and Berkshire Hathaway, have all exited absolutely over the previous two years. Elevation Capital (previously SAIF Companions) now stands as the one vital pre-IPO investor nonetheless holding a stake of 15.4% as of June 2025.Learn extra: Antfin exits Paytm in Rs 3,800 crore bulk deal. What zero-Chinese language possession means for buyers

One 97 Communications swung to revenue in Q1FY26, with consolidated internet acquire of Rs 122.5 crore towards a lack of Rs 839 crore within the yr in the past interval. The corporate’s income from operations stood at Rs 1,917 crore, which was up 28% from Rs 1,502 crore reported within the corresponding quarter of the final monetary yr. One 97 Communication had reported a internet lack of Rs 540 crore in Q4FY25 and it was attributable to the house owners of the father or mother.

(Disclaimer: Suggestions, options, views and opinions given by the consultants are their very own. These don’t symbolize the views of Financial Occasions)