Vijay Shekhar Sharma, Founder, Chairman & CEO – One97 Communications (Paytm) Shares of fintech firm One97 Communications jumped nearly 7 per cent on Monday, following news that its founder and CEO Vijay Shekhar Sharma will acquire 10.30 per cent stake in Paytm from Antfin (Netherlands) Holding BV, through an off-market transfer in a no-cash… Continue reading One97 Communications shares jump nearly 7% as Sharma buys Paytm stake
Tag: Paytm
Paytm founder set to acquire 10.3 per cent stake in the company from Antfin
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
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
Paytm up 4% as loan disbursements more-than-double in July to Rs 5,194 cr
Paytm shares advanced 3.9 per cent to Rs 797 per share on the BSE in Friday’s intra-day deals after the fintech company shares a healthy business update for the month of July, 2023. At 10:14 AM, shares of the company were 2 per cent higher at Rs 783 as against 0.47 per cent gain… Continue reading Paytm up 4% as loan disbursements more-than-double in July to Rs 5,194 cr
SBI, Zomato, Paytm, Airtel, M&M, Vedanta, GAIL
Stocks to Watch on Friday, August 4: Equity markets will continue to track global cues and June quarter (Q1FY24) results on Friday. At 7:50 AM, Gift Nifty was quoting at 19,484 as against Nifty50’s spot close of 19,382 on Thursday and Nifty Futures’ previous close of 19,472. Globally, Asia-Pacific markets were mixed on… Continue reading SBI, Zomato, Paytm, Airtel, M&M, Vedanta, GAIL
Paytm Chief Vijay Shekhar seeks PLI scheme for payment segment devices
Vijay Shekhar Sharma, Founder, Chairman & CEO – One97 Communications (Paytm) Fintech company One97 Communications, which operates under the Paytm brand, wants the government to bring payment segment devices under the production-linked incentive scheme to boost local production, a top company official said on Monday. Paytm founder and CEO Vijay Shekhar Sharma said… Continue reading Paytm Chief Vijay Shekhar seeks PLI scheme for payment segment devices