Resilient Asset Management says it will sell part of its holding in Paytm through a block deal worth up to ₹4,895 crore. NDTV reports the firm holds a 10.2% stake in Paytm as of the quarter ended June, providing context for the size of the planned sale.
Business Line says the deal includes an initial (base) offer of 19.2 million shares, representing a 3% stake valued at ₹2,949 crore. It also includes an option to increase the sale by an additional 12.7 million shares (about 1.98% stake), valued at ₹1,946 crore, bringing the total potential stake sold to up to around 5% and the total value to up to ₹4,895 crore. The report also notes a floor price is fixed for the transaction.
While the outlets differ in the level of detail—NDTV focuses on the current stake percentage, and Business Line details the share count and valuation structure—they both describe the same block-deal plan to reduce Resilient Asset Management’s stake in Paytm.
