Resilient Asset Management to sell up to 5% stake in Paytm via block deal worth up to ₹4,895 crore
The transaction includes a base offer of 19.2 million shares (3% stake) valued at ₹2,949 crore, with an option to upsize by 12.7 million shares (1.98% stake) worth ₹1,946 crore
Resilient Asset Management B.V. plans to reduce its holding in One 97 Communications Ltd, commonly known as Paytm, by up to 4.98 per cent. This will be accomplished through a block deal on the NSE and BSE stock exchanges, offering a base of 19.2 million shares, equivalent to a 3 per cent stake, valued at around ₹2,949 crore. The deal could be expanded by an additional 12.7 million shares, representing a 1.98 per cent stake, valued at approximately ₹1,946 crore.
The minimum price for the shares is set at ₹1,535.10, which is around 2.9 per cent lower than the NSE's closing price of ₹1,580.20 on August 17, 2026. The transaction is a secondary sale, with Goldman Sachs (India) Securities handling the placement. If the upsizing option is fully utilized, the transaction could be worth nearly ₹4,895 crore, or around $513 million. All comments must be in English and written in full sentences, without being abusive or personal.
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