Paytm bulk deal: Societe Generale buys over 67 lakh shares worth Rs 720 crore in One 97 Communications

Paytm bulk deal: Societe Generale buys over 67 lakh shares value Rs 720 crore in One 97 Communications

French banking behemoth Societe Generale purchased over 67 lakh shares value Rs 720 crore in Paytm guardian One 97 Communications by way of a few bulk offers on Tuesday the place Ant Group affiliate Antfin (Netherlands) Holding B.V. made a whole exit from the corporate, promoting 5.84% stake that represented over 3.72 crore shares.

Societe Generale bought these shares at a value of Rs 1,067.50 a chunk, above the ground value of Rs 1,020. The flooring value was at a 5.4% low cost over the Monday closing value.

Paytm shares closed with 2.3% declines today, settling at Rs 1,053 crore on the NSE.

There was another bulk deal reported the place My Asian Opportunities Master Fund LP purchased 35 lakh shares value Rs 374 crore. The shares have been bought at a value of Rs 1,067.50 apiece.

Antfin was the last remaining Chinese shareholder, and now Paytm will not have any Chinese possession.
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“With the long-standing overhang from a major Chinese investor now removed, Paytm’s stock could see a positive reaction as ownership concerns ease and supply pressure decreases. Such clean-out trades often provide clarity to the market, allowing investors to refocus on fundamentals and future growth. The exit also aligns the cap table more with regulatory expectations, which could be viewed favourably in the context of Paytm’s pending payment aggregator license,” said JM Financial‘s Sachin Dixit.With the exit of Antfin, Paytm’s pre-IPO cap desk has seen a near-complete churn. Major early backers, including Alibaba, SoftBank, and Berkshire Hathaway, have all exited absolutely over the past two years. Elevation Capital (previously SAIF Partners) now stands because the only vital pre-IPO investor still holding a stake of 15.4% as of June 2025.Read more: Antfin exits Paytm in Rs 3,800 crore bulk deal. What zero-Chinese possession means for traders

One 97 Communications swung to revenue in Q1FY26, with consolidated web achieve of Rs 122.5 crore against a lack of Rs 839 crore within the yr in the past interval. The firm’s income from operations stood at Rs 1,917 crore, which was up 28% from Rs 1,502 crore reported within the corresponding quarter of the last monetary yr. One 97 Communication had reported a web lack of Rs 540 crore in Q4FY25 and it was attributable to the homeowners of the guardian.

(Disclaimer: Recommendations, solutions, views and opinions given by the specialists are their very own. These don’t symbolize the views of Economic Times)

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