Vijay Shekhar Sharma to buy 10.3% stake in Paytm from Ant Financial
Shortpedia
Content Team
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Vijay Shekhar Sharma, founder and CEO of One97 Communications and its consumer brand Paytm, has entered an agreement to purchase a 10.3% stake in the company from Ant Financial through his fully-owned firm Resilient Asset Management B.V. Antfin Holding B.V. will transfer 65,335,101 shares to an entity owned by Sharma – Resilient Asset Management B.V. (“Transaction”) – through an off-market transfer, according to the disclosure made with the National Stock Exchange.
