HighNegative
Announced Fri, 3 Jul · 11:19 IST

PB Fintech share price falls over 8% amid reports of ₹1,741 crore block deal

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

PB Fintech shares fell over 8 percent after a block deal worth around Rs 1,741 crore saw 2.37 percent of equity change hands at Rs 1,601 per share, a 4.8 percent discount to Thursday's close. Singapore's Temasek Holdings, through subsidiary Macritchie Investments, was the seller, trimming its stake from 6.47 percent, with Citigroup Global Markets India acting as sole placement agent and a 60-day lock-up on the remaining holding.