As per NSE data, Dahiya offloaded 26 Cr shares at ₹1,751 apiece to rake in ₹455.3 Cr, while Bansal sold 12 Lakh shares at the same price to make ₹210.1 Cr
The shares that flooded the market were lapped up by Goldman Sachs, Morgan Stanley, Societe General, Kotak Securities, Tata Mutual Fund, BNP Paribas, among others
This comes weeks after Chinese tech giant and early backer Tencent also sold its entire 1.05% stake in the insurtech company via a block deal for ₹805.4 Cr
Insurtech major PB Fintech’s cofounders Yashish Dahiya and Alok Bansal together sold 38 Lakh shares of the company via multiple block deals for a cumulative sum of ₹665.4 Cr
As per NSE data, Dahiya offloaded 26 Cr shares at ₹1,751 apiece to rake in ₹455.3 Cr, while Bansal sold 12 Lakh shares at the same price to make ₹210.1 Cr. This represented a premium of 2.8% to the stock’s last closing price on the BSE.
The shares that flooded the market were lapped up by Goldman Sachs, Morgan Stanley, Societe General, Kotak Securities, Tata Mutual Fund, BNP Paribas, among others. While financial services company St. James’s Place bought ₹81.9 Cr, Viridian Asia Opportunities Master Fund and Societe Generale acquired shares worth ₹76 Cr and ₹57.5 Cr, respectively.
As of March 2026, Dahiya held 1.8 Cr shares, or 3.86% stake, in the insurtech major, while Bansal owned 53.8 Lakh shares, or 1.2% stake, in the company. This is not the first time that the two cofounders have diluted their shareholding in the company. In June 2025, the duo sold PB Fintech shares worth ₹920 Cr.
Earlier this month, Chinese tech giant Tencent also sold its entire 1.05% stake in the insurtech company via a block deal for ₹805.4 Cr.
The stake sale comes as cofounders look to book profits amid an upswing in PB Fintech shares. While the stock has risen more than 15.5% on the BSE in the past three months, it has declined more than 6% on a year-to-date (YTD) basis.
Meanwhile, PB Fintech continues to demonstrate a positive trend in its financial performance over the past few quarters. The insurtech major’s consolidated net profit zoomed 54% to ₹261.2 Cr in Q4 FY26 from ₹169.7 Cr in the year-ago quarter. Meanwhile, operating revenue also increased 37% to ₹2,061 Cr during the quarter under review from ₹1,508 Cr in Q4 FY25,
Shares of PB Fintech ended Friday’s trading session 4.56% lower at ₹1,702.5 on the BSE.
Comments are closed.