Elevation Capital V Limited has divested a portion of its stake in One97 Communications (Paytm), selling 23,498,583 shares, representing 3.67% of the total voting capital. The sale occurred on August 4, 2026, through the open market. Following the transaction, Elevation Capital V Limited’s holding has reduced to 68,815,154 shares, or 10.73% of the total voting capital.
Elevation Capital V Divests One97 Communications Stake
Elevation Capital V Limited has completed a significant sale of its holdings in One97 Communications Limited, the parent company of Paytm. The transaction, executed on August 4, 2026, involved the disposal of 23,498,583 shares, which constitutes 3.67% of the total share capital carrying voting rights. This sale was conducted via the OPEN MARKET.
Shareholding Changes
Prior to this sale, Elevation Capital V Limited held 92,313,737 shares, equivalent to 14.40% of the total voting capital. After the divestment, the holding has been reduced to 68,815,154 shares. This new shareholding represents 10.73% of the total voting capital and also 10.73% of the total diluted share capital of One97 Communications Limited. The disclosure adheres to Regulation 29(1) and 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Company Capital Structure
The equity share capital of One97 Communications Limited remains unchanged at ₹641,133,110/-, comprising 641,133,110 equity shares with a face value of ₹1/- each, both before and after the acquisition/sale. The shareholding breakdown provided in the disclosure indicates that the combined holding of entities like Saif III Mauritius Company Limited, Saif Partners India IV Limited, and Elevation Capital V FII Holdings Limited also reflects specific percentage changes following this transaction.
Source: BSE
