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Ant Group sells 3.6% stake in Paytm for Rs 2,037 cr via open market

Ant Group Ditches 3.6% Paytm Stake For INR 2,037 Cr

Antfin (Netherlands) Holding B.V. sold 2.27 Cr shares of One97 Communications, the parent of Paytm, for INR 895.2 per share.

Antfin likely to sell over 3% stake in Paytm via block deal on August 25

Stock Market Today: Top 10 things to know before the market opens

Foreign institutional investors (FII) bought shares worth Rs 722.76 crore, while domestic institutional investors (DII) purchased Rs 2,406.19 crore worth of stocks on August 16, provisional data from the National Stock Exchange (NSE) showed.

Antfin transfers 10.3% stake to Paytm chief Vijay Shekhar Sharma

The Antfin transaction took place at a price of around Rs 795 per share, which is around one-third of Paytm’s IPO listing price of Rs 2,150 apiece.