India, Aug. 27 -- Global investment firm Alpha Wave has offloaded nearly 1.92 Cr shares or 7.78% stake in MSME-focused NBFC Aye Finance via bulk deals today, as per BSE data.

Alpha Wave India I sold two separate tranches of 95.94 Lakh shares each at weighted average prices of Rs.168.19 and Rs.168.02 apiece respectively. The investor raked in a total about Rs.322.6 Cr via the stake sale.

The same entity had a 7.78% stake in Aye Finance, amounting to 1,91,88,604 shares, as of June 30, 2026. Hence, after today's stake sale, the investor has exited Aye Finance.

This adds on to the string of partial or complete exits that Alpha Wave is on of late. As per reports earlier today, the firm is looking to sell over 2 Cr shares of other portfolio ...