India, Aug. 6 -- Update | August 6, 01:50 AM

A day after reports surfaced that Antfin was looking to sell its remaining stake in Paytm, the Alibaba Group's affiliate company on Tuesday (July 5) sold 3.73 Cr shares of the fintech major via open-market transactions for INR 3,980.7 Cr.

As per BSE data, Antfin sold the shares at an average selling price of INR 1067.6 apiece, a discount of nearly 1% compared to Paytm's closing price of Rs 1,078.3 on the BSE on Monday.

Of the shares that flooded the market, 35 Lakh were lapped up by My Asian Opportunities Master Fund L, while Societe Generale picked up 67.5 Lakh shares.

Original | August 4, 08:17 PM

Antfin Holding BV, part of Alibaba Group, plans to sell its remaining 5.84% stake in One 97...