Paytm slips 3% on ₹964 crore block deal; Saif, Elevation likely paring stake

One 97 Communications shares fell ~2.99% as 86 lakh shares (1.3% stake) changed hands in a ₹964 crore block deal at a floor price of ₹1,120.65. Early backers Saif Partners and Elevation Capital are likely sellers, with Citi, JM Financial and MOFSL managing the trade. Brokerage targets remain ₹1,300–₹1,490.

Paytm shares fell ~3% as 86 lakh shares (1.3% stake) traded in a ₹964 crore block deal; Saif and Elevation likely sellers at ₹1,120.65 floor.

Business Today · Latest · 5/22/2026, 4:33:28 AM · Ask about this →

Paytm + Citigroup + Elevation Capital + JM Financial + MOFSL + One 97 Communications + Saif Partners +