By Debdeep Gupta | May, 13 2025
Paytm shares tumble after 1.7 crore shares change hands, Alibaba arm Antfin likely seller
shares of mobile services and digital payment platform paytm tumbled nearly 3 percent on may 13 after a large block of 1.7 crore shares (4.1 percent of equity) reportedly took place, with alibaba group's subsidiary antfin being the likely seller.antfin, the second largest shareholder in one 97 communications with a stake of 9.85 percent, sought to offload a 4 percent stake in fintech, according to the term sheet of the bulk deal seen by a source.