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The Economic Times
The Economic Times
Shivendra Kumar

Paytm block deal: SocGen, Ghisallo, Viridian among biggest buyers in Rs 964 crore stake sale

Paytm Nippon India Mutual Fund One 97 Communications Societe Generale

Paytm parent One 97 Communications witnessed Rs 964 crore worth of block deals on Friday, with institutional investors including Societe Generale, Ghisallo Master Fund, Viridian Asia Opportunities Master Fund and Nippon India Mutual Fund emerging as key buyers, while existing shareholders SAIF Partners India IV Limited, Elevation Capital V Limited and SAIF III Mauritius Company Limited pared their stakes.

According to block deal data on the exchanges, Societe Generale picked up nearly 18.87 lakh shares worth around Rs 211.46 crore at a price of Rs 1,120.65 apiece, making it the single largest buyer in the transaction.

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