Paytm block deal: Resilient Asset Management proposes to sell up to 4.98% stake

Shares of One 97 Communications, the parent of Paytm, are expected to be in focus on Tuesday, August 18, as Resilient Asset Management B.V. proposed to sell up to a 4.98% stake through a block trade, the company said.

The proposed transaction will be undertaken under Resilient's existing Optionally Convertible Debenture (OCD) agreement with Antfin (Netherlands) Holding B.V. While Resilient will execute the share sale, the economic value from the transaction will accrue to Antfin under the OCD arrangement.

Resilient had acquired about a 10.20% equity stake in Paytm from Antfin in August 2023 against OCDs issued to Antfin, with the economic interest continuing to remain with Antfin.

The company clarified that it is not a party to the transaction and that there will be no change in founder Vijay Shekhar Sharma's direct shareholding in Paytm.

Shares of Paytm ended at ₹1,580.20 apiece on the NSE on Monday, down 1.42% from the previous close.

Recent updates

In July 2026, Paytm said its efforts to simplify its payments app and invest in artificial intelligence (AI)-led features are helping attract more Gen Z customers, as the company's UPI payments business continued to grow more than double the broader industry for the second consecutive quarter in a row.

The company reported a 45% year-on-year increase in Consumer UPI Gross Transaction Value (GTV) to ₹5.9 lakh crore in Q1 FY27, about 2.2 times the industry's growth rate, while Monthly Transacting Users (MTUs) rose by 60 lakh to 8 crore.

Driving UPI growth and Gen Z adoption

Speaking during the company's Q1 FY27 post-results analyst call, Founder and CEO Vijay Shekhar Sharma said the company's focus on improving the app experience, rather than relying on individual financial products, is driving stronger consumer engagement and attracting younger customers.

"The ease and features we've brought out on the Paytm app are driving our growth. We're also seeing new Gen Z customers coming in, and Paytm has increasingly become the preferred choice for Gen Z," Sharma said.

The comments come as Paytm continues to report gains in its consumer payments business, which the company identified as one of its four key growth engines in the quarter. According to the earnings release, product innovation and AI-led customer acquisition have helped the company gain consumer payments market share for five consecutive quarters while growing more than twice as fast as the overall UPI industry.

Indian investors boost Paytm stake to over 51%

One 97 Communications Ltd, the parent entity that operates the brand Paytm, remained majority Indian-owned and witnessed a further increase in domestic ownership during the quarter ended June 30, 2026, with domestic investors increasing their shareholding to approximately 51.6%, according to its latest shareholding pattern filed with the Indian exchanges.

This sustained increase from 50.3% domestic shareholding in the previous quarter underscores Paytm's position as an Indian-Owned and Controlled Company (IOCC), a milestone it first achieved in March 2026, and signals deepening conviction among long-term Indian institutional and non-institutional investors.