Under the agreement, AntFin will be issued OCDs by Resilient Asset Management BV in consideration for the transfer, and to retain the economic value, the filing said. The new ownership structure will likely benefit the company, Paytm further claimed.
Initial public offerings worth USD 20 billion per annum are the “new normal” for India and will become an annualised run rate over the next
India’s mutual fund AUM is projected to surpass Rs 300 lakh crore by 2035, with direct equity holdings expected to reach Rs 250 lakh crore
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