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Paytm parent stake sale in block deal worth Rs 2,949 crore

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Sig2.73Sen-1.24Env0.00Soc0.00Gov-0.86

About 1.92 crore shares of One97 Communications, the parent of Paytm, changed hands in a block deal on Aug 18, representing 2.95% of its equity and valued at Rs 2,949 crore. Buyers and sellers were not disclosed, though Resilient Asset Management, the promoter entity linked to Vijay Shekhar Sharma, was reported as a likely seller. The deal price was Rs 1,535.1 per share.

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