Overview
- PB Fintech co-founders Yashish Dahiya and Alok Bansal offloaded 1.1% of equity in a block deal worth $106 million at ₹1,821.50 per share.
- US hedge fund Ghisallo Capital along with ICICI Prudential Life Insurance and HDFC Life Insurance emerged as the principal buyers in the PB Fintech transaction.
- Delhivery saw 1.19 crore shares worth ₹461 crore change hands at ₹388.15 per share in an unidentified block trade.
- MobiKwik Systems shares jumped 5.14% to ₹258.65 after block deals totaling ₹641.89 crore executed in the opening hour.
- South Africa’s Net1 Applied Technologies Netherlands BV prepared to divest its entire 8% stake in MobiKwik, reflecting shifts in the shareholder base.