HomeMarket NewsPB Fintech sees shares worth ₹920 crore change hands in block deal window
CNBC-TV18 on Wednesday reported that PB Fintech Ltd co-founders, Yashish Dahiya and Alok Bansal, are likely to sell 1.1% of the company’s equity, through a block deal.
By Meghna Sen June 26, 2025, 8:49:11 AM IST (Published)
PB Fintech Ltd. has seen 50.5 lakh shares change hands in the pre-open block deal window on Thursday, June 26.
The shares changed hands at a price of ₹1,821.50 per share, taking the total transaction value to ₹920 crore.
The number of shares that changed hands amount to 1.1% of the total outstanding equity of PB Fintech.
Buyers and sellers in the transaction are not officially known.
CNBC-TV18 on Wednesday reported that PB Fintech Ltd co-founders, Yashish Dahiya and Alok Bansal, are likely to sell 5.05 million shares, or 1.1% of the company’s equity, through a block deal valued at approximately $106 million.
The deal terms also include a 90-day lock-in period for the sellers, sources in the know told CNBC-TV18.
Shares of PB Fintech Ltd. ended 1.60% on Wednesday at ₹1,838.90. The stock is down over 13% so far in 2025.