NSE-BSE bulk deal: Alok Bansal sells Rs 236 cr worth of Policybazaar shares

NSE-BSE bulk deal: Alok Bansal sells Rs 236 cr worth of Policybazaar shares
By , ETMarkets.com
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The transaction was valued at Rs 236 crore. It was not clear who bought those shares. The stock earlier fell about 11 per cent as rumours of him and another co-founder Yashish Dahiya selling stake had already spread.

Agencies
NEW DELHI: Alok Bansal, co-founder of PB Fintech, the parent company of Policybazaar, sold 28,57,820 shares of the company at Rs 825 per share on Friday, bulk deal data published by NSE showed.

The transaction was valued at Rs 236 crore. It was not clear who bought those shares. The stock earlier fell about 11 per cent as rumours of him and another co-founder Yashish Dahiya selling stake had already spread.

In another transaction, GMO Emerging Illiquid Mauritius Fund bought 4,41,867 shares of Satin Credit Network at Rs 100 per share. The stock ended the day up 0.44 per cent.

EAM Emerging Markets Small Cap Fund sold 1,66,000 shares of Stove Kraft at Rs 663.28 per share, the data showed. The stock rose 2.44 per cent earlier in the day.

Here are some other key bulk deal transactions of the day:
bse-1ETMarkets.com
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