{
  "id": 1518453,
  "title": "Resilient Asset Management to sell up to 5% stake in Paytm via block deal worth up to ₹4,895 crore",
  "url": "https://urgent.news/2026/08/17/resilient-asset-management-to-sell-up-to-5-stake-in-paytm-via-block",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-17T16:35:00.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/resilient-asset-management-to-sell-up-to-5-stake-in-paytm-via-block-deal-worth-up-to-4895-crore/article71357285.ece"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "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",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}