This Multibagger Fintech Company’s Promoter-Linked Entity Proposes Block Market Trade of Up to 4.98% Stake; Check Details

This Multibagger Fintech Company’s Promoter-Linked Entity Proposes Block Market Trade of Up to 4.98% Stake; Check Details

Resilient Asset Management B.V. has proposed to sell up to 4.98 per cent shareholding in One 97 Communications under its existing OCD agreement with Antfin, while the economic value will be retained by Antfin.

Key Takeaways

One 97 Communications, the parent company of Paytm, has disclosed that Resilient Asset Management B.V. has proposed to undertake a Block Market Trade to sell up to 4.98 per cent of its shareholding in the company under its existing Optionally Convertible Debenture (OCD) agreement with Antfin (Netherlands) Holding B.V.

Resilient Proposes to Sell Up to 4.98 per cent Stake

According to the filing, Resilient Asset Management B.V. proposes to sell up to 4.98 per cent equity stake in One 97 Communications through a Block Market Trade. The economic value received by Resilient from the proposed transaction will be retained by Antfin under the existing OCD agreement.

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Resilient had acquired an approximately 10.20 per cent equity stake in Paytm from Antfin against OCDs issued to Antfin, as disclosed by the company on August 7, 2023. The filing further states that the economic interest in the stake continues to belong to Antfin.

No Change in Founder's Direct Shareholding

Paytm clarified that the company itself is not a party to the proposed transaction. It also specifically stated that there will be no change in the Founder's direct shareholding in Paytm as a result of the proposed Block Market Trade.
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The disclosure was made to the BSE and NSE on August 17, 2026, with Paytm stating that the information was being provided pursuant to applicable disclosure requirements.

Paytm Share Price Performance

On Tuesday, August 18, 2026, the Nifty 50 index declined 0.23 per cent to 24,231.10, while One97 Communications shares were trading at Rs 1,565.90, down 0.90 per cent. The share-price data provided shows that Paytm has gained 16.07 per cent over the past month, 30.38 per cent over the past six months and 33.24 per cent over the past year.

The proposed Block Market Trade involves up to 4.98 per cent of Paytm's equity, while the filing does not disclose the final number of shares to be sold, transaction price or total transaction value. Therefore, those figures should not be treated as confirmed from this filing.

About One 97 Communications

One 97 Communications Ltd is the parent company of Paytm. The company operates the Paytm platform and is listed on both the BSE and NSE. In the latest disclosure, the company clarified that the proposed transaction is between Resilient and the relevant parties under the existing OCD arrangement, and that Paytm itself is not a party to the transaction.

The proposed sale of up to 4.98 per cent stake by Resilient, along with the clarification that the economic value will be retained by Antfin and that there is no change in the Founder's direct shareholding, will remain key developments for investors tracking One 97 Communications and Paytm.

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Disclaimer: The article is for informational purposes only and not investment advice.