Motilal Oswal Mutual Fund increases stake in Paytm to 5.15%

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Motilal Oswal Mutual Fund has increased its stake in One Communications Ltd, the parent company of fintech major Paytm, by acquiring additional shares.

Motilal Oswal Mutual Fund acquired 26.31 lakh shares of Paytm through more than 20 schemes including Motilal Oswal Nifty Midcap Fund, Focused Fund, ELSS Tax Saver Fund and Nifty 500 in open market transactions on August 11, 2024, according to a regulatory filing.

Motilal Oswal Mutual Fund has raised its stake in Paytm by 0.41% to 5.15%. Following the transaction, it now holds 32,91,399 shares in the…



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Motilal Oswal Mutual Fund increases stake in Paytm to 5.15%


Motilal Oswal Mutual Fund has increased its stake in One Communications Ltd, the parent company of fintech major Paytm, by acquiring additional shares.

Motilal Oswal Mutual Fund acquired 26.31 lakh shares of Paytm through more than 20 schemes including Motilal Oswal Nifty Midcap Fund, Focused Fund, ELSS Tax Saver Fund and Nifty 500 in open market transactions on August 11, 2024, according to a regulatory filing.

Motilal Oswal Mutual Fund has raised its stake in Paytm by 0.41% to 5.15%. Following the transaction, it now holds 32,91,399 shares in the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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