Chinese investor Ant Financials and domestic mutual fund players have increased their stake in digital payments and financial services firm Paytm post its recent buyback. The company in a regulatory filing updated its shareholding pattern, which shows Ant Financial’s holding in the company go up slightly from 24.86 per cent as of December 31, 2022 to 25.47 per cent now.
The revised shareholding pattern shows that mutual funds have further increased their position since December 2022 from 1.73 per cent to 2.68 per cent.
Though Ant’s holding in the company has gone up, the number of shares it holds is