Which of the following divested a 4 5 stake in Paytm rsquo s parent One97 Communications through an ...........

Current GK (SBI-PO) Indian Economy

Which of the following divested a 4.5% stake in Paytm’s parent One97 Communications through an open market transaction?

This questions was previously asked in

SBI PO Mains (30 Jan, 2023)

SoftBank

Ant Group

Axis Trustee Services

BH International Holdings

None of the Above

- Option 1: SoftBank

- SoftBank is a major investor in tech companies worldwide.

- It has previously held a significant stake in Paytm's parent company, One97 Communications.

- SoftBank divested a 4.5% stake in One97 Communications.

- Option 2: Ant Group

- Ant Group is the fintech affiliate of Alibaba Group.

- It is also an investor in One97 Communications.

- Option 3: Axis Trustee Services

- It is a trustee company.

- It doesn't typically hold large equity stakes like in One97 Communications.

- Option 4: BH International Holdings

- Not a widely recognized entity related to Paytm or One97 Communications.

- Option 5: None of the Above

- This option implies none of the provided choices are correct.

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