India, Nov. 19 -- Updated | November 19, 13:15 IST

Elevation Capital sold fintech major Paytm's 1.19 Cr shares via two block deals yesterday for a total of INR 1,556 Cr.

While it offloaded 83.70 Lakh shares for INR 1,305 apiece, the investor sold 35.53 Lakh shares at the same place in another transaction.

Of the offloaded shares, Societe Generale bought 32.45 Lakh shares.

Elevation Capital Capital held over 15% stake in Paytm at the end of the September quarter. Following the share sale, it owns 8.59 Cr shares of the company.

At 13:15 IST, shares of Paytm were trading 0.39% lower at INR 1290.20 on the BSE.

Original | November 18, 00:45 IST

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