Resilient Asset Management B.V. has disclosed the sale of 19,210,110 equity shares in One 97 Communications Limited (PAYTM). This transaction, dated August 18, 2026, results in a change of shareholding of more than 2% for the entity and its persons acting in concert. Following the sale, Resilient Asset Management B.V.’s direct holding has reduced to 7.20%, while the total diluted holding of the seller group stands at 15.98%.
Resilient Asset Management Sells PAYTM Stake
Resilient Asset Management B.V. has officially announced the disposal of 19,210,110 equity shares in One 97 Communications Limited (PAYTM). This significant transaction took place on August 18, 2026, and has been reported in accordance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Impact on Shareholding
The sale of these shares represents a 3.00% change in voting rights for Resilient Asset Management B.V. Before this transaction, the company held 10.20% of the total shares carrying voting rights. Following the sale, Resilient Asset Management B.V.’s direct holding has decreased to 7.20% (46,124,991 shares).
Associated Persons’ Holdings
The disclosure also covers the holdings of Persons Acting in Concert (PAC) with Resilient Asset Management B.V. Mr. Vijay Shekhar Sharma’s direct holding remains at 9.02% (57,845,053 shares), and Mrs. Mridula Sharma continues to hold 0.11% (700,000 shares). Consequently, the total diluted shareholding of the seller group, including Resilient Asset Management B.V., Mr. Vijay Shekhar Sharma, and Mrs. Mridula Sharma, post-acquisition sale, stands at 15.98% (104,670,044 shares).
Transaction Details
The mode of sale was an open market transaction. The total equity share capital of One 97 Communications Limited before and after the said acquisition/sale remains 64,11,33,110 shares, with a face value of ₹1 per equity share. The total diluted share capital of the company after the sale is reported as 65,28,21,825 shares.
Source: BSE