New Delhi [India], Hours after a media report claimed that Adani Group Chairman Gautam Adani was in talks with Paytm founder Vijay Shankar Sharma to buy stake in Paytm, the popular fintech company has denied the report as " Terming it as "speculation", Paytm informed the stock exchanges that the company is not involved in any discussion in this regard. "...We clarify that the above news is speculative and the company is not involved in any discussion in this regard," the filing said. "We have always made and will continue to make disclosures in compliance with our obligations under SEBI (Listing Obligations and Disclosure Requirements Regulations, 2015), an unidentified newspaper reported in the early hours of Wednesday. Citing sources, Adani Group chairman Gautam Adani is looking to buy the stake in One9 Communications, Paytm's parent company, with the report claiming that Paytm founder and CEO Vijay Shekhar Sharma has "finalised the contours of the deal. To give form to Gauta Adani's office in Ahmedabad on Tuesday. According to news reports, Sharma holds 19 per cent of One 97, worth Rs 4,218 crore based on the stock's Tuesday closing price of Rs 342 per share.