To become the biggest shareholder in the company Paytm's founder, Vijay Shekhar Sharma has made a significant move. To acquire 10.3 percent of Paytms shares from Antfin (Netherlands) Holdings B.V, Vijay Shekhar Sharma entered into an agreement. $628 million is the stake purchase value which is based on Friday's closing price.

According to the agreement, Antfin is going to transfer 6.53 crore shares of Paytm to an entity which is known as Resilient Asset Management B.V., in which Vijay Shekhar Sharma owns the complete 100 percent stake. After the successful transfer, Vijay will become Paytm's largest shareholder, which will surpass Antfin's position.

In response to the transaction, Antfin's stake in Paytm will reduce to 13.5 percent. On the other hand, Vijay Shekhar Sharma's stake in the company will increase to 19.42 percent.

After the transaction, Antfin's stake in Paytm will reduce to 13.5 percent. On the other hand, In Paytm share price Vijay Shekhar Sharma's stake in the company will increase to 19.42 percent.

Vijay Shekhar Sharma expressed his gratitude towards Ant for the support and partnership over the years which definitely helped Paytm's share price in growing that's why we are able to see increased Paytm share price today and no one can't forget the role played by Paytm in promoting financial innovation in India and revolutionizing mobile payments.

The Paytm share price has performed well this year, with a profit of nearly 50 percent year-to-date. After a correction the Paytm stock rebounded from its 52-week high of Rs. 914, reaching an time low of Rs. 438, which was almost 80 percent below its IPO price of Rs. 2,150. The quarter of April-June was particularly successful in terms of share price returns since the company's listing.

Paytm Share Price Target 2025

Management of Paytm is constantly working to improve the service which customers are used to get and the company is also focusing on marketing to reach more customers. As a result, the company is now finally experiencing growth, and it's most likely that Paytm share price will provide good returns in the future.
By working closely with the management team and using effective marketing strategies, the company is now aiming to make its products accessible to every household, which can eventually lead to some positive outcomes in the future.

According to predictions, Paytm's share price target could lead to substantial returns by 2025. The first target is expected to reach ₹820, and after that, the second target could go up to ₹845.

Conclusion

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