New Delhi, May 29: Hours after a media report claimed that Adani Group Chairman Gautam Adani was in talks with Paytm founder Vijay Shankar Sharma to buy a stake in Paytm, the popular fintech company termed the report "speculative".

Paytm informed stock exchanges in a filing that the company is not engaged in any discussions in this regard. PlayUnmute Fullscreen Cancel "...We hereby clarify that the abovementioned news item is speculative and the Company is not engaged in any discussions in this regard," the filing read. BYJU’s Salary Delay: Edtech Company After Struggling To Disburse Payment to Thousands Employees on Time, Says No ‘Disruption to Monthly Salary Credit’ for the Next Six Months.

"We have always made and will continue to make disclosures in compliance with our obligations under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015." In the early hours of Wednesday, a newspaper, quoting unnamed sources, reported that Adani Group chairman Gautam Adani is looking to buy a stake in One 97 Communications, the parent company of Paytm. OpenAI Begins Testing Its Next Frontier Model Expecting To Bring New Capabilities on Path to AGI, Forms Safety and Security Committee for Company's Projects and Operations.

The report claimed that Paytm founder and CEO Vijay Shekhar Sharma met Gautam Adani at the latter's office in Ahmedabad on Tuesday to "finalise the contours of a deal". According to the news report, Sharma owns about 19 per cent of One 97, which is worth Rs 4,218 crore based on the stock's Tuesday closing price of Rs 342 per share.