Vijay Shekhar Sharma, founder and chief executive officer of One 97 Communications, is poised to purchase a 10.3 per cent stake in Paytm from Antfin (Netherlands) Holding BV, as the company notified the exchanges on Monday. According to the company’s regulatory filing, Sharma will acquire the stake in Paytm through his wholly-owned overseas… Continue reading Paytm founder set to acquire 10.3 per cent stake in the company from Antfin
Tag: Antfin
Paytm rallies 12% as Vijay Shekhar Sharma buys 10.3% stake from Antfin
Shares of One97 Communications, the parent entity of Indian mobile payments and financial services company Paytm, surged 12 per cent to Rs 887.55 on the BSE in Monday’s intra-day trade after founder and chief executive officer (CEO) Vijay Shekhar Sharma entered into an agreement with Antfin to purchase 10.3 per cent stake in Paytm through… Continue reading Paytm rallies 12% as Vijay Shekhar Sharma buys 10.3% stake from Antfin
Vijay Shekhar Sharma to buy a 10.3% stake in Paytm from Antfin for $628 mn
Vijay Shekhar Sharma, founder and chief executive officer (CEO) of Paytm’s parent One97 Communications, has agreed to purchase a 10.3 per cent stake in the fintech firm from Antfin (Netherlands) Holding BV, the company said in a filing on Monday. The purchase will be made off-market via Sharma’s 100 per cent owned Netherlands-based entity… Continue reading Vijay Shekhar Sharma to buy a 10.3% stake in Paytm from Antfin for $628 mn