Chinese e-commerce major Alibaba Group’s affiliate, Antfin, is set to offload nearly 4% stake in Paytm through a block deal valued at approximately Rs 2,200 crore, according CNBC-TV 18 report.

The floor price for the block deal has been fixed at Rs 809.75 per share, representing a potential discount to Paytm’s recent trading levels. As of the March 2025 quarter, Antfin (Netherlands) Holding B.V. held a 9.85% stake in One 97 Communications Ltd, the parent company of Paytm.

The block transaction, once executed, will bring Antfin’s stake down to nearly 6% in the Indian fintech major.

Citi and Goldman Sachs are acting as investment banks facilitating the proposed sale.

This marks another major move in the ongoing reshuffling of Paytm’s shareholding structure amid regulatory uncertainty and efforts to realign foreign ownership.

More updates to follow once the block deal is officially executed.