
In a notable market transaction, the founders of PB Fintech, Yashish Dahiya and Alok Bansal, have offloaded ₹665 crore worth of shares in their online insurance and lending platform, Policybazaar. This sale has caught the attention of both domestic and global investors.
On May 29, 2026, Yashish Dahiya and Alok Bansal sold their equity stakes in PB Fintech, aggregating to 0.82%. Yashish Dahiya sold 26 lakh shares, equating to 0.56% of the company, for ₹455.26 crore.
Concurrently, Alok Bansal sold 12 lakh shares, equivalent to 0.26%, for ₹210.12 crore. Both transactions occurred in open market deals with the shares priced at ₹1,751 each.
The sale attracted significant interest from global investors. ST James's Place Emerging Markets Equity Unit Trust acquired 4.67 lakh shares for ₹81.85 crore.
Similarly, Viridian Asia Opportunities Master Fund purchased 4.37 lakh shares for ₹76.63 crore, and Societe Generale bought 4.34 lakh shares for ₹76.01 crore.
Goldman Sachs Bank Europe SE acquired 3.28 lakh shares for ₹57.47 crore. National Pension System Trust invested in 3.8 lakh shares for ₹66.66 crore.
Additional contributors included Wasatch Advisors LP, BNP Paribas Financial Markets, and Tata Mutual Fund. These transactions reflect the global interest in PB Fintech's business model and growth potential.
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Following the sale announcement, PB Fintech shares experienced their most significant single-day drop since February 3, falling 4.61% to close at ₹1,702.5 on the National Stock Exchange. This decline followed a week of market consolidation for the stock.
As of May 29, 2026, at 3:30 PM, PB Fintech share price on NSE was closed at ₹1,702.50 down by 4.61% from the previous closing price.
The decision by Yashish Dahiya and Alok Bansal to sell a portion of their stakes in PB Fintech has been met with robust interest from international investors. Despite the immediate decrease in share price, the strategic move demonstrates confidence by market participants in the company’s long-term prospects.
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Published on: Jun 1, 2026, 9:10 AM IST

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