The Chinese fintech giant has been discussing options to reduce its stake in One 97 Communications Ltd after its share percentage increased passively due to share buybacks, the people said, requesting not to be identified because the matter is private. Talks are preliminary and details could change depending on regulatory and pricing concerns, the people added.

from Times of India https://timesofindia.indiatimes.com/business/international-business/jack-ma-backed-ant-group-plans-to-pare-stake-in-paytm/articleshow/98228637.cms