{"id":952660,"date":"2025-08-05T08:15:17","date_gmt":"2025-08-05T02:45:17","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=952660"},"modified":"2025-08-05T08:58:46","modified_gmt":"2025-08-05T03:28:46","slug":"chinas-ant-group-to-fully-exit-paytm-by-selling-5-84-stake","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/08\/05\/chinas-ant-group-to-fully-exit-paytm-by-selling-5-84-stake\/","title":{"rendered":"China\u2019s Ant Group to fully exit Paytm by selling 5.84% stake"},"content":{"rendered":"<p>China\u2019s Ant Group is all set to exit One 97 Communications, the parent company of Paytm, as it plans to sell its remaining 5.84% equity stake in the fintech firm through block deals on Tuesday. Sources said that the total value of the deal is pegged at Rs 3,800 crore. <\/p>\n<p>The floor price for the block deal has been fixed at Rs 1,020 per share, a 5.4% discount to Paytm\u2019s last closing price of Rs 1,078.20 on Monday on the NSE. The stake sale is likely to be executed as a clean-out trade, indicating a full exit of Antfin\u2019s specified stake in a single tranche.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>China\u2019s Ant Group is all set to exit One 97 Communications, the parent company of Paytm, as it plans to sell its remaining 5.84% equity stake in the fintech firm through block deals on Tuesday. Sources said that the total value of the deal is pegged at Rs 3,800 crore. The floor price for the block deal has been fixed at Rs 1,020 per share, a 5.4% discount to Paytm\u2019s last closing price of Rs 1,078.20 on Monday on the NSE. The stake sale is likely to be executed as a clean-out trade, indicating a full exit of Antfin\u2019s specified [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[75,4,17],"tags":[],"class_list":["post-952660","post","type-post","status-publish","format-standard","hentry","category-it-2-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/952660","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\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=952660"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/952660\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=952660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=952660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=952660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}