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Morgan Stanley Offloads PB Fintech Shares Worth INR 19.1 Cr

  • Morgan Stanley Asia (Singapore) Pte sold 99,994 shares of PB Fintech in a block deal worth INR 18.19 Cr at INR 1,819 apiece, a small discount.
  • BNP Paribas Financial Markets purchased the shares at the same price for INR 18.19 Cr.
  • This block deal follows cofounders Yashish Dahiya and Alok Bansal's selling off a significant share for INR 619.6 Cr and INR 300.6 Cr via bulk and block deals.
  • PB Fintech's share prices have seen volatility recently due to market factors and concerns raised by Trudence Capital, despite strong financial performance.

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