News Arena Network

Palak Chouhan

The Adani Group on Wednesday refuted claims of its purported acquisition of a stake in digital payments company Paytm, dismissing recent media reports as "baseless speculation."
&nbsp;
Earlier reports suggested that discussions were underway between the Adani Group and Paytm regarding a potential stake acquisition in the fintech firm, owned by One 97 Communications Limited.
&nbsp;
A spokesperson for the Adani Group stated, "We categorically deny this baseless speculation. It is totally false and untrue."
&nbsp;
In response, Paytm issued a regulatory filing to address the matter, asserting, "We hereby clarify that the news item is speculative and the company is not engaged in any discussions in this regard."
&nbsp;
The company further emphasised its commitment to compliance with regulatory obligations, stating, "We have always made and will continue to make disclosures in compliance with our obligations under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015."

'2015':143 '97':52 'a':13,41,55,78 'acquisition':11,44 'adani':2,36,59 'address':82 'always':121 'and':38,72,95,123,139 'any':102 'as':24 'asserting':85 'baseless':25,66 'between':34 'by':50 'categorically':63 'claims':7 'clarify':88 'commitment':112 'communications':53 'company':18,97,108 'compliance':114,130 'continue':125 'deny':64 'digital':16 'disclosure':140 'disclosures':128 'discussions':31,103 'dismissing':20 'earlier':27 'emphasised':110 'engaged':100 'false':71 'filing':80 'fintech':47 'firm':48 'for':57 'further':109 'group':3,37,60 'have':120 'hereby':87 'in':15,45,74,101,104,129 'is':69,93,98 'issued':77 'it':68 'item':92 'its':9,111 'limited':54 'listing':137 'made':122 'make':127 'matter':84 'media':22 'news':91 'not':99 'obligations':117,133,138 'of':8,12 'on':4 'one':51 'our':132 'owned':49 'payments':17 'paytm':19,39,76 'potential':42 'purported':10 'recent':21 'refuted':6 'regard':106 'regarding':40 'regulations':142 'regulatory':79,116 'reports':23,28 'requirements':141 'response':75 'sebi':136 'speculation':26,67 'speculative':94 'spokesperson':56 'stake':14,43 'stated':61 'stating':118 'suggested':29 'that':30,89 'the':1,35,46,58,83,90,96,107,135 'this':65,105 'to':81,113,126 'totally':70 'under':134 'underway':33 'untrue':73 'we':62,86,119 'wednesday':5 'were':32 'will':124 'with':115,131

New Delhi

Adani group denies Paytm stake acquisition

'acquisition':6 'adani':1 'denies':3 'group':2 'paytm':4 'stake':5

Chandannagar—the glowing heartbeat of Bengal

Rajnath Singh honors MiG-21 legacy as symbol of India-Russia ties

Will Ladakh’s demands finally be met?

Leh protests not Arab Spring, nor like Nepal

Oil prices surge on Ukraine drone strikes hitting Russian energy

Shah prays to bring back 'sonar bangla' with new govt in Bengal

Two hurt after speeding Thar hits SSB bus in Srinagar

Partha Chatterjee gets bail in teachers recruitment scam

Mirwaiz Umar Farooq under house arrest for third Friday

BRS fields Maganti Sunita for Jubilee Hills bypoll

/

adani-group-denies-paytm-stake-acquisition

Adani group denies Paytm stake acquisition

News Arena Network - New Delhi - UPDATED: May 29, 2024, 03:44 PM - 2 min read

A media report earlier claimed that the Adani Group was in talks with Paytm to acquire a stake in the fintech company, owned by One 97 Communications Limited.

TOP CATEGORIES

QUICK LINKS

/

adani-group-denies-paytm-stake-acquisition

Adani group denies Paytm stake acquisition

News Arena Network.css-tak1o8-MuiTypography-root{margin:0;color:grey;} - New Delhi - UPDATED: May 29, 2024, 03:44 PM - 2 min read

A media report earlier claimed that the Adani Group was in talks with Paytm to acquire a stake in the fintech company, owned by One 97 Communications Limited.

TOP CATEGORIES

QUICK LINKS

News Arena Network - New Delhi - UPDATED: May 29, 2024, 03:44 PM - 2 min read