Ant Group to Sell 4% Stake in Paytm Worth ₹2,066 Crore via Bulk Deal:
Chinese financial services major Ant Group, through its affiliate Antfin (Netherlands) Holding BV, has announced plans to sell a 4% stake in fintech company One97 Communications Ltd—the parent firm of Paytm—for approximately ₹2,066 crore via bulk deals on Indian stock exchanges. The sale will be executed at a floor price of ₹809.75 per share, representing a 6.5% discount to Paytm’s last closing price on the National Stock Exchange (NSE).This move is significant as it signals Ant Group’s gradual withdrawal from Indian fintech giant Paytm, amid evolving geopolitical dynamics and portfolio rebalancing by global investors. It also marks one of the largest secondary market deals in recent times and reflects foreign investors’ shifting strategy in Indian tech unicorns.
