Shareholding6 Aug 2026, 08:20 am
Elevation Capital Sells 3.67% Stake in One 97 Communications
AI Summary
Elevation Capital V Ltd and its Persons Acting in Concert (PACs) have disclosed the sale of 23,498,583 shares, representing 3.67% of the total share capital, in One 97 Communications Limited (Paytm). The disposal was executed through open market transactions on August 4, 2026. Following the sale, Elevation Capital V Ltd and its PACs collectively hold 68,815,154 shares, which amounts to 10.73% of the company's total share capital. The total equity share capital of One 97 Communications Limited remains unchanged at Rs. 641,133,110, comprising 641,133,110 equity shares of face value Rs. 1 each.
Key Highlights
- Elevation Capital V Ltd and PACs sold 3.67% stake in One 97 Communications.
- The sale involved 23,498,583 shares via open market transactions.
- Post-sale, their holding reduced to 10.73% of total share capital.
- The transaction falls under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Price Impact
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