Mumbai, May 13 -- The media reports suggest that General Atlantic Singapore was looking to offload up to a 6.9% stake, valued at approximately Rs 1210 crore, in the brokerage and investor services firm via block deals at floor price of Rs 1,025 per share. Proposed sale involve about 1.18 crore shares of the company.
The shares were reportedly offered at a floor price of Rs 1,025, reflecting a 8.3% discount to KFin Technologies' previous closing price of Rs 1117.65.
As on March 2025, General Atlantic Singapore Fund held a 31.98% stake in KFin Technologies.
The counter witnessed a surge in trading activity today, with volumes on the BSE soaring to 12.34 lakh shares - significantly higher than the one-quarter average of 1.09 lakh shares. ...
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