PB Fintech promoters sell almost 1% stake for INR 6.65 bln via block deal
This story was originally published at 13:10 IST on 30 May 2026
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MUMBAI – Policybazaar's parent company PB Fintech Ltd.'s co-founder Yashish Dahiya and Executive Vice-Chairman Alok Bansal together sold almost 1% stake in the company in a block deal on the National Stock Exchange Friday for INR 6.65 billion.
Dahiya and Bansal sold 2.6 million shares and 1.2 million shares, respectively, for INR 1,751.00 per share, data from the National Stock Exchange showed. As of Mar. 31, the respective stakes of Dahiya and Bansal in PB Fintech stood at 3.86% and 1.16%.
For the March quarter on a consolidated basis, PB Fintech reported a net profit of INR 2.61 billion on revenues of INR 20.61 billion. Friday, its shares closed at INR 1,702.50 on the NSE, down 4.6% from Wednesday. The stock market was shut Thursday for Id-ul-Zuha. End
Reported by Meera Nair
Edited by Rajeev Pai
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