![The 2 percent stake offloaded by SoftBank has had a significant impact on Paytm’s share price. SoftBank](https://markettechguru.com/wp-content/uploads/2023/07/3d-hand-making-cashless-payment-from-smartphone-scaled.jpg)
The 2 percent stake offloaded by SoftBank has had a significant impact on Paytm’s share price.
In a recent development, SoftBank has divested an additional 2 percent stake in One97 Communications Ltd, the parent company of Paytm, through open market operations. This move, which took place over the past month, has generated approximately $300 million for SoftBank. SoftBank’s Stake Sale Impacts Paytm’s Share Price The share price of One97 Communications Ltd…