PB Fintech Co-Founder Yashish Dahiya Sells ₹191 Cr Stake via Block Deal—Stock Holds Steady

Yashish Dahiya, co-founder and chairman of PB Fintech Ltd. (parent of Policybazaar and Paisabazaar), has sold 2.5 million shares through a block deal, according to recent exchange data. The transaction, executed at an average price of ₹762.80 per share, amounts to a total deal value of approximately ₹191 crore.

 

This move comes amid a broader trend of early investors and promoters partially monetizing holdings as PB Fintech’s stock stabilizes post-IPO. Despite the sale, Dahiya continues to hold a significant stake and remains actively involved in the company’s strategic direction. The stock showed minimal reaction, closing at ₹761.40, down just 0.73% on the NSE.

 

PB Fintech has been on a recovery path, with its Q1 FY25 results showing a ₹54 crore profit and 12.6% YoY revenue growth. The company’s improving fundamentals and growing digital insurance footprint have kept investor sentiment largely intact.

 

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Source: Economic Times – SoftBank & Promoter Stake Sales in PB Fintech