Shares of Paytm,, rose 3% in early trade on Monday to hit a 52-week high. The surge came after the company announced that its wholly-owned subsidiary, One97 Communications Singapore Pvt Ltd, had sold its Stock Acquisition Rights in Japan-based PayPay Corporation to SoftBank Vision Fund 2. Paytm shares climbed 3.19% in early trade to reach Rs 1,007 on the Bombay …
Paytm's parent company, One97 Communications, on Friday, December 6, 2024, approved the sale of its stake in Japan’s credit card company PayPay Corporation. One97 Communications Singapore, a wholly-owned subsidiary of Paytm's Singapore arm, ‘Paytm Singapore’, approved the sale of its stake to the Japanese digital payments company. "We wish to clarify that we have been informed by One97 Communications Singapore …
