[Update] Temasek Offloads PB Fintech Shares Worth Rs.1,633.6 Cr
India, July 3 -- Update | July 03, 2026, 21:40 IST
Temasek, via its holding entity Macritchie Investments Pte Ltd, sold 1.02 Cr shares of PB Fintech in a block deal worth about Rs.1,633.6 Cr.
The deal valued each share at Rs.1,604.12, about 1% higher than the stock's closing price.
Based on PB Fintech's outstanding share capital, the transaction represents about 2.2% of the company, compared to the initially proposed sale of 2.6%.
Shares of PB Fintech ended today's trading session 5.25% lower at Rs.1,591.40 on the BSE.
Original | July 03, 2026, 11:05 IST
Shares of PB Fintech, the parent company of Policybazaar, plunged over 8% in early trade after a block deal worth about Rs.1,741 Cr saw nearly 2.37% of the company's equity change h...
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