In the June quarter, Societe Generale held 1.98% stake, UBS Principal Capital Asia 1.06% and Tiger Pacific Master Fund 1.03%.
The overall FPI ownership in the company dropped to 16.77% in the quarter ending in September, from 20.04% in the previous quarter
Shares of Paytm ended Thursday’s trading session 3.47% lower at INR 696.35 on the BSE
Foreign Portfolio Investors (FPIs) Societe Generale, Tiger Pacific Master Fund and UBS Principal Capital Asia have reduced their holdings in Paytm
parent One97 Communications below 1% in the September ended quarter.
In the June quarter, Societe Generale held 1.98% stake, UBS Principal Capital Asia 1.06% and Tiger Pacific Master Fund 1.03%.
By the end of September, these stakes fell below 1%, resulting in their exclusion from the latest publicly available data.
The overall FPI ownership in the company dropped to 16.77% in the quarter ending in September, from 20.04% in the previous quarter.
Inc42 has reached out to Paytm for comments on the development. The story will be updated based on the response.
Shares of Paytm ended Thursday’s trading session 3.47% lower at INR 696.35 on the BSE.
(The story will be updated soon)
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