{"id":1009461,"date":"2026-05-22T11:45:09","date_gmt":"2026-05-22T06:15:09","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1009461"},"modified":"2026-05-22T11:45:09","modified_gmt":"2026-05-22T06:15:09","slug":"elevation-cap-to-sell-1-3-paytm-stake","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/05\/22\/elevation-cap-to-sell-1-3-paytm-stake\/","title":{"rendered":"Elevation Cap to sell 1.3% Paytm stake"},"content":{"rendered":"<p>MUMBAI: Elevation Capital, an early backer of One97 Communications which owns fintech Paytm is selling about 1.3% stake in the company worth Rs 964 crore through block deals on Friday, the term sheet of the deal showed.<\/p>\n<p>The floor price of the offer, set at Rs 1,121 per share, is at a 3% discount to Paytm\u2019s closing price of Rs 1,155.6 on the NSE on Thursday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: Elevation Capital, an early backer of One97 Communications which owns fintech Paytm is selling about 1.3% stake in the company worth Rs 964 crore through block deals on Friday, the term sheet of the deal showed. The floor price of the offer, set at Rs 1,121 per share, is at a 3% discount to Paytm\u2019s closing price of Rs 1,155.6 on the NSE on Thursday.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-1009461","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1009461","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1009461"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1009461\/revisions"}],"predecessor-version":[{"id":1009462,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1009461\/revisions\/1009462"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1009461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1009461"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1009461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}