Mumbai, May 13 -- While the official participants in the transaction remain undisclosed, media reports suggest that Ant Financial was looking to offload up to a 4% stake-valued at approximately Rs 2,066 crore-in the fintech firm, which owns the Paytm brand. The proposed sale includes up to 2.55 crore shares of the Noida-based company.

The shares were reportedly offered at a floor price of Rs 809.75, reflecting a 6.5% discount to Paytm's previous closing price of Rs 866.35.

As on March 2025, Ant Financial held a 9.85% stake in Paytm. Ant Group, formerly known as Ant Financial, is an affiliate of the Chinese conglomerate Alibaba Group.

The counter witnessed a surge in trading activity today, with volumes on the BSE soaring to 3.02 crore ...