Paytm Shares Drop 4% On Tuesday After Alibaba's Antfin Sells 4% Stake Via Block Deal

Antfin’s Rs 2.1k crore share sale in Paytm will be exempt from capital gains tax

On May 13, Antfin sold 2.54 crore shares of Paytm at an average price of Rs 824.6 a share

Paytm Shares Drop 4% On Tuesday After Alibaba's Antfin Sells 4% Stake Via Block Deal

Paytm shares fell 4% intraday after Antfin offloaded 1.7 crore shares in a block deal at Rs 809.75 apiece. Paytm founder now holds the largest stake.

Ant Group to sell 4% stake in Paytm for USD 242 million

China’s Ant Group has revealed its plans to offload a 4% stake in Indian digital payments company Paytm in a transaction valued at approximately USD 242 million.

Paytm Q4FY25: Focus On Merchant Discount and AI

The reinstatement of merchant discount rates (MDR) on UPI transactions could propel competition and revenue, disclosed Paytm executives during the company’s Q4FY25 earnings call. Confirming an analyst’s estimate, Paytm Founder & CEO Vijay Shekhar Sharma agreed that the fintech could accrue five to eight basis points (BPS) in its gross merchandise value (GMV), stemming from 25 bps for MDR. For context, a basis point is used in the finance sector …

Paytm shares end over 1 pc lower

New Delhi, May 13 (PTI) Shares of One97 Communications, the owner of the Paytm brand, ended over 1 per cent lower on Tuesday amid reports that financial services company Ant Group is likely to offload up to 4 per cent stake worth about Rs 2,066 crore in the fintech firm. The stock ended at Rs 856.55 apiece, down 1.13 per cent on the BSE. During the day, it dropped 4.99 per cent to Rs 823.10. On the NSE, shares of the firm dipped 1.16 per cent to…

China's Ant Group sells $246 million worth of Paytm shares in block trade

This is slightly higher than the ₹809.75 price anticipated in an earlier report, which had pegged the stake sale at around 4 per cent for $242 million. Ant Group, a subsidiary of Alibaba Group, has been gradually reducing its stake in Paytm as part of a broader strategic shift and regulatory pressures in both China and India. In August 2023, Ant sold a 10.3 per cent stake to Paytm’s founder and CEO Vijay Shekhar Sharma. As of March 2025, Ant, th…