# Paytm promoter entity to sell up to Rs 4,900 crore stake 2026-08-17T16:21:56+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 2 independent outlets (3 source reports) Resilient Asset Management B.V., an entity wholly owned by Paytm founder and CEO Vijay Shekhar Sharma, plans to sell up to 4.98% of its stake in One97 Communications through a block deal on Tuesday, according to regulatory filings and deal terms reviewed by Mint. The transaction, valued at around Rs 4,895 crore to Rs 5,040 crore depending on the floor price, includes a base offering of 19.2 million shares and an upsize option of an additional 12.7 million shares. The stake sale comes after Paytm's stock hit a 54-month high last week, with gains of over 70% since March, NDTV Profit reported. As of June-end, Resilient held just over 10% of Paytm parent, acquired from Antfin in 2023. Paytm clarified it is not a party to the transaction and there will be no change in Sharma's direct shareholding. The sale follows Elevation Capital's partial stake sale in Paytm on August 4, in which it cashed in more than $200 million. Paytm's board on July 20 decided not to proceed with a proposed bonus share issue, saying it remained focused on compounding growth and profitability. In the June quarter, revenue from operations rose 28% year-on-year to Rs 2,448 crore, and net profit jumped 79% to Rs 220 crore. ## Coverage - ndtvprofit.com - livemint.com - livemint.com (2) This story was synthesised by AI from the 3 sources linked above. Updated: this story now draws on 3 sources. Last updated 2026-08-17T17:17:54+00:00. Tags: One97 Communications, Paytm, Resilient Asset Management, Vijay Shekhar Sharma Canonical: https://indianopinion.org/paytm-block-deal-resilient-asset-management-to-sell-rs-4900-crore-stake/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/paytm-block-deal-resilient-asset-management-to-sell-rs-4900-crore-stake/#story-in-brief How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/