Overview

• Ant Group’s Antfin (Netherlands) Holding BV sold its remaining 5.84% stake in One97 Communications for about ₹3,980 crore via block deals executed on August 5 with T+1 settlement
• The clean-out transaction was set at a floor price of ₹1,020 per share, while institutional buyers paid approximately ₹1,067.50 apiece, reflecting a 5.4% discount to the prior closing
• Goldman Sachs India Securities and Citigroup Global Markets India acted as placement agents, managing the single-tranche sale on BSE and NSE
• Paris-based Societe Générale purchased 67.5 lakh shares and My Asian Opportunities Master Fund LP acquired 35 lakh shares in the deal
• With the exit of its last Chinese investor, Paytm may secure overdue regulatory approvals and attract fresh institutional capital