Sunday, August 6, 2023

Ant Financial to transfer 10.3% Paytm stake to Vijay Shekhar Sharma

Vijay Shekhar Sharma, founder and chief executive of Paytm, has entered into a deal with Ant Financial to secure an additional 10.30% stake in the Indian financial services firm, Noida-headquartered company said Monday. “On closing of this transaction, Mr. Sharma’s shareholding in Paytm (direct and indirect) will increase to 19.42%, whereas Antfin’s shareholding will reduce […]

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