Financial Services company Ant Group to sell 4% of Paytm for Rs 2,066 crore via bulk deal

Financial Services company Ant Group is likely to offload up to a 4 per cent stake, worth about ₹2,066 crore, in fintech firm One97 Communications, the owner of the Paytm brand, according to sources.

The sale will be executed through bulk deals on BSE and NSE on May 13, and involves the sale of up to 25.5 million shares of Noida-based Paytm, they added.