Ant Financial exits Paytm; sells 5.84% for Rs 3,803 crore

2 hours ago 1

ET BureauLast Updated: Aug 06, 2025, 06:15:00 AM IST

Synopsis

Following the stake sale, shares of One97 Communications fell 1.45% to ₹1,062 apiece on NSE, while the scrip of the company went lower by 1.23% to ₹1,065 on BSE.

Mumbai: Billionaire Jack Ma's Ant Financial on Tuesday exited One97 Communications, the parent company of Paytm, by selling its entire 5.84% stake for around ₹3,803 crore.

Following the stake sale, shares of One97 Communications fell 1.45% to ₹1,062 apiece on NSE, while the scrip of the company went lower by 1.23% to ₹1,065 on BSE.

Ant Group, through its affiliate Antfin (Netherlands) Holding BV, has offloaded the shares of Noida-based One97 Communications. Ant Group, formerly known as Ant Financial, is an affiliate company of the Chinese conglomerate Alibaba Group.

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