Paytm Shares Fall 3% as Antfin Sells 4% Stake in Block Deal

Paytm’s stock dropped nearly 3% on May 13 after a large block deal involving 1.7 crore shares. Antfin, part of Alibaba Group and Paytm’s second-largest shareholder, likely sold a 4% stake at a discounted price of ₹809.75 per share, valuing the deal at around ₹2,200 crore. Following this, founder Vijay Shekhar Sharma remains the largest shareholder, directly and indirectly holding over 19% stake. #invest #financialfreedom #trader #business #stockmarketindia #bitcoin #cryptocurrency #daytrader #stock