China’s Antfin pares 4.1% stake in Paytm

13 May 2025 , 09:48 AM

As per the reports, Chinese giant Antfin has divested as much as 4.1% stake in digital payments business Paytm. The transaction shall be valued at ₹2,066 Crore via block deals, stated sources.

Following this development, the company’s counter fell as much as 4% to ₹830.55 against previous close of ₹866.05 on NSE.

At around 9.45 AM, Paytm was trading 2.10% lower at ₹847.85.

The transaction’s floor price is fixed at ₹809.75 per share, this represents a 6.5% discount on Paytm’s current market price, as per sources familiar with the sources. 

Last week, One 97 Communications announced its results for the quarter ended March 2025. The business posted a net loss of ₹544.60 Crore, this marginally down against ₹550.50 Crore in the previous comparable quarter. 

The company posted a net loss in the current quarter under review even though its net income jumped by ₹100 Crore against ₹223.80 Crore in Q4FY24. In the base quarter, Paytm reported another income of ₹131.70 Crore.

The business said that its revenue for the quarter slipped 15.7% against the previous comparable quarter at ₹1,912 Crore. Paytm said that EBITDA before ESOP of ₹81 Crore. This was an improvement of ₹135 Crore against the previous quarter, as per the earnings release.

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