Paytm investors Saif and Elevation target ₹2,002 crore block sale
Saif Partners and Elevation Capital are set to sell up to 1.49 crore Paytm shares, equivalent to 2.3% of outstanding equity, at a floor price of ₹1,339.65 a share—5% below the prior close.
Paytm investors Saif Partners and Elevation Capital plan to sell up to 1.49 crore shares, or 2.3% of the company, through a Rs 2,002.10 crore block deal at a floor price of Rs 1,339.65 per share.
Why this matters
The planned sale follows Elevation's separate ₹3,914 crore stake-sale plan across Paytm and Meesho, while Paytm recently cut payment-processing costs 35% after migrating bank partners.
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