Motilal Oswal Mutual Fund increased its stake in One 97 Communications (Paytm) from 5.31% to 5.45%, adding 9,10,447 shares. The additional shares were valued at approximately ₹117.39 crore based on Paytm's share price of ₹1289.40. This transaction crossed the 5% disclosure threshold.
A leading digital payments and financial services platform in India, One 97 Communications operates an integrated ecosystem serving both consumers and merchants across the country. The company provides payment solutions, financial services, and commerce platforms through its core digital offerings. Its distinctive strength lies in connecting a vast network of users and merchants, enabling transactions and financial inclusion across India's digital economy through a comprehensive suite of services.
AMC arm of Motilal Oswal Financial Services, founded on the belief in long-term buy-and-hold quality investing. Manages over Rs 1.5 lakh crore. Famous for the QGLP (Quality, Growth, Longevity, Price) investment framework and concentrated portfolios with very low churn. Flagship Motilal Oswal Midcap and Motilal Oswal Flexi Cap funds reflect deep conviction positioning with 15-25 stock portfolios.
