India ·
Ant Group's Paytm exit continues as a Sharma-linked vehicle sells a 3% stake for ₹2,949cr
Resilient Asset Management — a Netherlands entity wholly owned by Paytm founder Vijay Shekhar Sharma, which holds only the voting rights over a 10.2% Paytm stake it took from Antfin in 2023 while Ant Group kept the economic interest — sold roughly 1.92 crore One97 Communications shares at a ₹1,535.10 floor (nearly ₹2,949 crore, about 3% of the company), with proceeds flowing to Ant rather than Sharma.
Source: India Infoline ↗
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