FinTech

Morgan Stanley Offloads PB Fintech Shares Worth INR 19.1 Cr

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SUMMARY

The shares that flooded the market were lapped up by BNP Paribas Financial Markets for a total consideration of INR 18.19 Cr

As per the BSE data, Morgan Stanley sold the shares at INR 1,819 apiece

The block deal comes a week after PB Fintech cofounders Yashish Dahiya and Alok Bansal dumped a big chunk of their shareholding in the company for a cumulative INR 920 Cr

Financial services firm Morgan Stanley Asia (Singapore) Pte offloaded 99,994 shares of fintech company PB Fintech in a block deal worth INR 18.19 Cr. 

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