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Policybazaar Co-founders Dahiya, Bansal sell 1.8% stake; shares dip 1.4%

Inshorts · 1y

Policybazaar Co-founders Yashish Dahiya and Alok Bansal sold 1.86% shares of insurance startup's parent PB Fintech on Friday through two block deals. Dahiya’s shareholding is now down to 4.83% while Bansal’s shareholding is down to 1.63%. Following the block deals, Policybazaar shares fell nearly 1.4%. “There’s no further sale of shares planned...at least for one year,” Policybazaar said.