PB Fintech Slumps Over 8% After ₹1,741 Cr Block Deal

by · Inc42

SUMMARY

  • PB Fintech shares slumped over 8% after a ₹1,741 Cr block deal involving 2.37% equity, amid reports that Temasek is paring its stake in the insurtech major
  • Temasek's subsidiary Macritchie Investments is reportedly looking to sell up to 2.6% stake via a ₹1,909 Cr block deal
  • The proposed stake sale comes amid continued churn in PB Fintech's shareholder base