As of September 30, SoftBank held a 17.45% stake in the fintech firm through SVF India Holdings (Cayman). Post-Thursday’s block deal, its stake has declined to 12.9%. The lock-in period for pre-initial public offering investors of Paytm ended on November 15.
Tata Sons boardroom battle intensifies but Tata Group stocks remain unbothered. Should you buy?
Tata Sons has rejected Noel Tata’s objections to N Chandrasekaran’s reappointment, saying the board’s decision was valid and made in accordance with the company’s Articles