Fintech company shares One 97 Communications are in focus today as a block deal worth Rs 2,066 crore is expected to take place in the counter today. Antifin, the group firm of Chinese e-commerce player Alibaba is likely to offload stocks in the entity.
In the previous day’s trading session, Paytm shares closed higher by over 4 per cent at Rs 866.35 amid buoyancy in the market.
As per Zee Business, Antfin is likely to offload 4 per cent stake in the company. The floor price for the deal is pegged at Rs 809.75 per share, which is a discount of 6 per cent over the previous close.
According to the shareholding pattern for the quarter ending March 31, 2025, Antfin holds held a 9.85 per cent or 6,27,97,816 equity shares in the company.
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