Resilient Asset to offload 4.98% stake in Paytm parent

By ET BureauLast Updated: Aug 18, 2026, 07:07:00 AM IST

Synopsis

Resilient Asset Management plans to sell nearly five percent of Paytm shares. This stake sale is valued at approximately five thousand crore rupees. Proceeds will go to Chinese investor Ant Financial under an existing agreement. Resilient acquired the stake from Ant Financial in twenty twenty-three. This move helps reduce Chinese influence within the fintech company.

New Delhi: Resilient Asset Management, which holds shares in Paytm parent One 97 Communications, is looking to sell up to a 4.98% stake in the fintech company through a block market transaction, according to a regulatory filing on Monday.

The stake being sold would be worth around ₹5,000 crore at Monday's closing price.

Proceeds from the sale will be retained by Chinese investor Ant Financial under an existing optionally convertible debenture (OCD) agreement, Paytm said.

Resilient Asset Management, a Dutch holding company controlled by Paytm founder and CEO Vijay Shekhar Sharma, acquired a 10.3% stake in Paytm from Ant Financial in 2023 against OCDs issued to the latter. Under the arrangement, while Resilient acquired the equity stake, the economic interest in the shares continued to belong to Ant Financial, an Alibaba Group company.

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The structuring of the deal in 2023 indicated Paytm's efforts to reduce Chinese influence, helping the company secure regulatory approvals for its various business interests.

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