News > Adani's rumored deal with One97 Communication labelled 'speculative'

Adani's rumored deal with One97 Communication labelled 'speculative'

29/05/2024 03:39 PM | Click to read full article

In a regulatory filing, Paytm said, " With reference to the captioned subject (Adani in talks with Sharma to acquire stake in Paytm), we hereby clarify that the abovementioned news item is speculative and the Company is not engaged in any discussions in this regard." Ever since Paytm Payment Bank Ltd. (PPBL) began facing issues, there have been numerous reports suggesting that the fintech company might be acquired.

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