Resilient proposes Block Trade of up to 4.98% Paytm shares

One 97 Communications Limited (Paytm) has been informed by Resilient Asset Management B.V. that it plans to conduct a Block Market Trade to sell up to 4.98% of its shareholding. This sale is under an existing Optionally Convertible Debenture (OCD) agreement with Antfin (Netherlands) Holding B.V. Importantly, the economic value derived from this trade will be retained by Antfin, as per the OCD agreement. Resilient had previously acquired this stake from Antfin against OCDs, with Antfin retaining the economic interest. Paytm itself is not a party to this transaction, and there will be no change in the founder's direct shareholding.