One 97 Communications Shareholding Update
"SAIF III Mauritius Company Limited reduced its stake in Paytm parent One 97 Communications to 10.73% after selling over 2.34 crore shares through an open market transaction."
SAIF III Mauritius Cuts Stake in One 97 Communications Through Open Market Sale
SAIF III Mauritius Company Limited has disclosed the sale of 2,34,98,583 equity shares of One 97 Communications Limited through an open market transaction, resulting in a reduction in its shareholding in the company.
The transaction, carried out on August 4, 2026, reduced SAIF III Mauritius' holding from 14.40% to 10.73% of the company's total voting share capital. The disclosure was subsequently filed with the stock exchanges on August 5, 2026 under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations.
Stake Sale Details and Shareholding Change
- Mode of Transaction: Open market sale.
- Shares Sold: 2,34,98,583 equity shares.
- Transaction Date: August 4, 2026.
- Shareholding Change: Stake reduced from 14.40% to 10.73%.
- Disclosure Filed: August 5, 2026, under the SEBI (SAST) Regulations.
- Persons Acting in Concert (PAC): SAIF Partners India IV Limited, Elevation Capital V Limited, and Elevation Capital V FII Holdings Limited.
What to Watch Next
- Investors may monitor whether additional stake sales by existing institutional investors take place and assess any impact on the shareholding pattern of One 97 Communications.
- Market participants will also keep an eye on future disclosures from key shareholders and any changes in institutional ownership.
Disclaimer
Investments in the securities market are subject to market risks. Read all related documents carefully before investing. Registration granted by SEBI, and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors. Choice Equity Broking Private Limited: SEBI Reg No. Broking - INZ000160131 ( BSE - 3299 ) | ( NSE - 13773 ) | ( MSEI - 73200 ) | ( MCX - 40585 ) | ( NCDEX - 01006 ). Depository Participant SEBI Reg. No. - IN - DP - 84 - 2015, DP ID CDSL - 12066900, NSDL ID - IN301895. Research Analyst - INH000000222 (CIN. NO.: U65999MH2010PTC198714)
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