SoftBank sells another 2.5% in PB Fintech

BL Chennai Bureau Updated - October 06, 2023 at 09:19 PM.

Shares worth ₹871.2 crore offloaded

SoftBank, through SVF Python II (Cayman) Ltd and SVF India Holdings (Cayman), has offloaded further 1.14 crore shares of PB Fintech, owner of Policybazaar and Paisabazaar on Friday.

According to NSE block deal, these shares were sold at ₹762.80 each, taking the total deal size to ₹871.2 crore. The stake sale represents 2.5 per cent in the company.

Shares of PB Fintech closed at ₹761.90, down 0.7 per cent.

Published on October 6, 2023 15:49

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