PB Fintech’s founders selling more than 20% of their holding to raise funding to pay taxes. Wrong timing.
The founders Yashish Dahiya and Alok Bansal are together selling 2.3% of their stake into the Company. Key points to note – After sale, the founders’ cumulative stake will reduce from 10.33 % to 8.01% percent on a fully diluted basis. Sale will be executed on February 11, 2022 through block deal. Expected realisation from … Read more