Paytm, Adani Group deny talks over stake sale in fintech firm

NEW DELHI: Paytm on Wednesday refuted reports stating that Adani Group chairman Gautam Adani is considering acquiring a stake in parent company One 97 Communications.

“We hereby clarify that the abovementioned news item is speculative and the company is not engaged in any discussions in this regard. We have always made and will continue to make disclosures in compliance with our obligations under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,” Paytm said in a regulatory filing.