Image Source: Biz Bracket
In a significant move on June 25, 2025, PB Fintech—the parent of Policybazaar—witnessed a major block deal as its top executives, Chairman and CEO Yashish Dahiya and Vice Chairman Alok Bansal, prepared to sell approximately 1.1% of the company’s equity through the stock exchanges. The deal, comprising around 5.05 million shares, is being executed at a base price of ₹1,800 per share, as reported by CNBC-TV18 citing sources.
This transaction follows a series of recent stake sales by the company’s promoters and large shareholders, reflecting ongoing portfolio rebalancing and liquidity generation by key stakeholders. The latest block deal is expected to raise over ₹900 crore at current pricing and comes amid a period of robust operational performance and strong stock market gains for PB Fintech.
Key Highlights
-
Yashish Dahiya and Alok Bansal are likely to sell a combined 5.05 million shares, representing a 1.1% stake in PB Fintech, via a block deal at a floor price of ₹1,800 per share.
-
The deal is expected to generate proceeds of over ₹900 crore, based on the base price and volume.
-
This move follows earlier block deals in May 2024, where Dahiya and Bansal together offloaded a 1.86% stake (8.37 million shares) for over ₹1,100 crore.
-
The primary purpose of these stake sales is to meet tax liabilities arising from Employee Stock Ownership Plan (ESOP) exercises and capital gains.
-
After the May 2024 sale, Dahiya retained a 4.83% stake and Bansal 1.63%. The latest sale will further reduce their holdings, though both remain significant shareholders.
-
PB Fintech’s shares have surged over 67% year-to-date and the company was recently included in the MSCI India Index, potentially attracting large institutional inflows.
-
The company reported a net profit of ₹60 crore in Q4 FY24, marking its second consecutive profitable quarter, with operating revenues rising sharply year-on-year.
-
No further promoter stake sales are planned for at least one year following these transactions, according to earlier company statements.
-
PB Fintech continues to attract strong investor interest, both for its business growth and for the liquidity events created by these high-profile block deals.
Source: CNBC-TV18, Moneycontrol, Inc42, YourStory, Business Today, Upstox
Advertisement
Advertisement