Bengaluru, April 8 -- The shares of the SaaS-based solution provider have fallen up to 4 percent after the company's promoter is likely to offload a 6 percent stake in the company via a Block deal.
With a market capitalization of Rs 18,674.48 crore, the shares of KFin Technologies Ltd were trading at Rs 1084.00 per share, decreasing around 1.75 percent as compared to the previous closing price of Rs 1,103.30 apiece.
Block Deal
According to the sources, General Atlantic, a promoter of the company, is likely to offload a 6 percent stake in the company via a Block deal. Moreover, as of March 2025, General Atlantic holds 5,66,34,603 equity shares, which is equivalent to 32.91 percent of the company. Additionally, the sale is expected to be ...
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