Paytm’s Vijay Shekhar Sharma not selling stake; economic value from resilient share sale to go to Antfin
Paytm Founder Vijay Shekhar Sharma confirmed he will not sell his stake in One97 Communications Ltd. The economic value from the proposed sale of a 4.98% stake will benefit Antfin through an existing convertible debenture agreement. This move underscores Sharma's commitment to retaining his ownership while facilitating financial arrangements with Antfin.