Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, One 97 Communications has informed that Vijay Shekhar Sharma (Founder, Managing Director and CEO of the Company), and Antfin (Netherlands) Holding B.V. (‘Antfin’), intimated that they have entered into an agreement on August 07, 2023 whereby Antfin will transfer 65,335,101 shares of the Company to an entity 100% owned by Sharma – Resilient Asset Management B.V. (‘Transaction’). This implies a transfer of 10.30% of the share capital of the Company (Company / Paytm). The Company is not a party to the above Transaction and the said Transaction will not have any impact on management or control of the Company or create any liability / obligation on the Company. Paytm remains a professionally managed company with no identifiable promoter. A copy of the press release from both the parties, to be issued in this regard, is enclosed. This disclosure will also be hosted on the Company's website: www.paytm.com.
The above information is a part of company’s filings submitted to BSE.
