Motilal Oswal Increases Stake in Paytm: A Strategic Move

Motilal Oswal Mutual Fund has raised its stake in One 97 Communications, Paytm's parent company, to over 5 per cent. The acquisition involved purchasing 26,31,244 shares, bringing their total share to 3,29,11,399 shares. This strategic investment increases Motilal Oswal's influence within the digital payments sector.

Devdiscourse News Desk | New Delhi | Updated: 19-08-2025 19:03 IST | Created: 19-08-2025 19:03 IST

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Motilal Oswal Mutual Fund has strengthened its position in the bustling fintech space by increasing its stake in One 97 Communications, the parent company of Paytm. This move underlines the fund's growing confidence in the digital payments landscape.

According to a regulatory filing disclosed on Tuesday, the mutual fund acquired an additional 26,31,244 shares of One 97 Communications via open market transactions dated August 11, 2024. This acquisition propels Motilal Oswal Mutual Fund's shareholding in Paytm to over 5 per cent, marking a significant holding increase.

The filing revealed that this transaction, which retains an undisclosed valuation, involved more than 20 different schemes including the Motilal Oswal Midcap Fund and Flexi Cap Fund. One 97 Communications' stock responded positively, closing 4.58 per cent higher at Rs 1,227.30 on the BSE.

(With inputs from agencies.)