PB Fintech Share Price Drops 8% After ₹1,741 Crore Block Deal

PB Fintech share price fell nearly 8% in early trade on Friday after a block deal worth around ₹1,741 crore was executed on the exchanges. The transaction involved approximately 2.37% of the company’s equity and came amid reports that Singapore-based investment firm Temasek Holdings was reducing its stake in the online insurance marketplace.

The stock declined as much as 7.6% to ₹1,553.60 during morning trade. PB Fintech share price has fallen about 14% so far in 2026, compared with a decline of around 7% in the Nifty 50 over the same period. The company currently has a market capitalisation of more than ₹72,000 crore.

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Over 1 Crore Shares Change Hands

Exchange data showed that nearly 1.08 crore equity shares changed hands through a block deal at ₹1,601 per share. The transaction was executed at a discount of about 4.8% to Thursday’s closing price of ₹1,682.10. The identities of the buyer and seller were not disclosed in the exchange data immediately after the transaction.

The size and pricing of the deal closely matched media reports published a day earlier regarding a proposed stake sale by Temasek Holdings through its subsidiary, Macritchie Investments Pte.

Temasek Reportedly Planned Stake Sale

As per reports, Macritchie Investments was planning to sell up to 1.19 crore shares, representing around 2.6% of PB Fintech’s equity, through a block transaction valued at approximately ₹1,909 crore.

Before the transaction, Macritchie Investments owned a 6.47% stake in the company. Reports also indicated that Citigroup Global Markets India acted as the sole placement agent for the deal. The reports further stated that Temasek would remain subject to a 60-day lock-up period on its remaining shareholding after the transaction. The company has not issued any statement regarding the block deal.

Recent Stake Sales Continue

PB Fintech has witnessed multiple large shareholder transactions over the past few months. In May, co-founders Yashish Dahiya and Alok Bansal sold nearly 38 lakh shares, equivalent to around 0.8% of the company, through a block deal valued at about ₹654 crore. During the same month, Tencent exited its remaining 1.05% holding in PB Fintech through another block transaction worth around ₹805 crore.

Friday’s transaction adds to the series of stake sales by existing investors in the company. Market participants will continue to monitor regulatory filings and shareholding disclosures for confirmation of the parties involved and any changes in the company’s ownership structure.