Paytm CEO Vijay Shekhar Sharma will buy 10.30% of Antfin Holding from them; the stock increases 11% as a result; a positive sentimate in market.
Introduction Paytm CEO Vijay Shekhar Sharma and creator of Paytm, has revealed plans to buy a 10.30% share of the business from Antfin (Netherlands) Holding BV, signaling a significant shift in the financial industry. Sharma’s ownership of Paytm will increase as a result of the deal to 19.42%, bringing Antfin’s stake down to 13.5%. With…