HDFC Mutual Fund Increases Stake in PB Fintech Ltd to 5.02%
HDFC Mutual Fund has increased its ownership stake in PB Fintech Ltd, bringing its aggregate holdings to 5.02% of the company's paid up equity share capital as of July 14, 2026.The acquisition was executed through the open market. Prior to this transaction, the holding of HDFC Mutual Fund and Persons Acting in Concert (PAC) stood at 4.99%, representing 2,30,77,520 shares carrying voting rights. The recent acquisition involved an additional 1,29,068 shares, which accounted for a 0.03% increase in the total shareholding.
The total paid up equity share capital of PB Fintech Ltd remains unchanged at Rs. 92,53,89,740, which consists of 46,26,94,870 equity shares with a face value of Rs. 21- each.
Transaction Details
The following table summarizes the acquisition details provided by HDFC Asset Management Company Limited:| Parameter | Details |
|---|---|
| Target Company | PB Fintech Ltd |
| Acquirer | HDFC Mutual Fund (HDFC Trustee Company Limited) |
| Pre-acquisition Holding | 2,30,77,520 shares (4.99%) |
| Shares Acquired | 1,29,068 shares (0.03%) |
| Post-acquisition Holding | 2,32,06,588 shares (5.02%) |
| Mode of Acquisition | Open Market |
| Date of Acquisition | July 14, 2026 |
The reporting highlights that HDFC Mutual Fund does not belong to the promoter or promoter group of PB Fintech Ltd. The acquisition was carried out by a portfolio including various funds, such as the HDFC BSE 500 ETF, HDFC Arbitrage Fund, HDFC Flexi Cap Fund, and HDFC Technology Fund, among others.
POLICYBZR Stock Price Movement
PB Fintech Limited shares rallied to ₹1,582.80 as of 10:51 AM today, gaining 1.39% in live trading. The stock is seeing active participation with a volume of 848,575 shares traded so far.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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