Paytm Founder and Chief Executive Vijay Shekhar Sharma will not gain financially from the proposed sale of a 4.98 per cent stake in One97 Communications Ltd (Paytm) undertaken by investment vehicle, Resilient Asset Management BV, with the proceeds going to Antfin.

Additionally, Sharma's roughly 9 per cent direct stake in Paytm will remain unchanged, underscoring the founder's continued commitment to the company. Paytm said it is not a party to the proposed sale, and that "there will be no change in the founder's (Sharma's) direct shareholding", as part of its exchange filing late Monday evening.