BusinessQuiet 89d · day 89
Paytm founder Sharma proposes 4.98% stake sale via Resilient Asset
Vijay Shekhar Sharma's entity plans block deal at 3% discount to current market price.
What to know
- Paytm founder Vijay Shekhar Sharma is selling a 4.98% stake via his entity Resilient Asset Management through a block deal.
- The stake is priced at a 3% discount to the current market price, valued at approximately Rs 4,895 crore.
- This represents a significant reduction in the founder's direct shareholding in the fintech company.
Vijay Shekhar Sharma Paytm founderResilient Asset Management Sharma-controlled entity
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