Summary
- Cyril Amarchand Mangaldas has provided legal advice to Elevation Capital V Limited on a significant share sale.
- Elevation Capital sold equity shares of One97 Communications Limited, the parent company of PayTM, for ₹963.6 crore.
- The transaction was executed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
- This move marks a notable financial maneuver in the tech investment landscape, reflecting Elevation Capital's strategic decisions.
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