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.