StockWatch
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Financial Technology (Fintech)
Shareholding6 Aug 2026, 08:09 am

SAIF III Mauritius Sells 3.67% Stake in One 97 Communications

AI Summary

SAIF III Mauritius Company Limited, along with its Persons Acting in Concert (PACs), has disclosed the disposal of 23,498,583 shares, representing 3.67% of the total share capital, in One 97 Communications Limited (Paytm). The sale was conducted through the open market. Following the transaction, SAIF III Mauritius and its PACs collectively hold 68,815,154 shares, amounting to 10.73% of the company's total share capital. The disclosure is made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • SAIF III Mauritius and PACs sold 3.67% stake in One 97 Communications.
  • Total shares sold amount to 23,498,583 units.
  • Transaction executed via open market sale.
  • Post-sale holding reduced to 10.73%.
  • Disclosure filed under SEBI Takeover Regulations.