New World Fund Reduces Stake in PB Fintech by 2.10%

PB FinTech , the parent company of Policybazaar and Paisabazaar, has seen a significant reduction in stake by New World Fund, Inc. through a substantial share sale in the open market. The transaction, which took place on November 12, 2025, saw the fund offload 9.21 million shares, resulting in a decrease in its shareholding from 5.05% to 2.96%.

Transaction Details

The details of the transaction, as disclosed in the regulatory filing, are as follows:

Particulars	Before Transaction	After Transaction	Change
Shares Held	22,795,194	13,581,056	-9,214,138
Shareholding Percentage	5.05%	2.96%	-2.10%

Impact on Ownership Structure

This significant reduction in New World Fund's stake represents a notable shift in PB FinTech's ownership structure. The fund, which previously held a substantial position in the company, has now moved below the 3% threshold.

Market Implications

The large-scale sale by an institutional investor like New World Fund may attract attention from market participants and could potentially impact the stock's trading patterns in the short term. However, it's important to note that such transactions by institutional investors are not uncommon and can be part of their portfolio rebalancing strategies.

Company Background

PB FinTech operates in the fintech sector with its flagship brands Policybazaar and Paisabazaar. The company has been at the forefront of India's digital insurance and lending marketplace.

Regulatory Compliance

The transaction was executed through Capital Research and Management Company, acting as the investment adviser for New World Fund, Inc. This sale was reported in compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, ensuring transparency in the market.

As the fintech sector continues to evolve rapidly in India, movements in ownership of key players like PB FinTech are closely watched by investors and industry observers alike.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.91%	-3.63%	+0.61%	-2.05%	-0.32%	+42.98%

PB FinTech , the parent company of Policybazaar and Paisabazaar, witnessed a significant block trade on the National Stock Exchange (NSE) recently. The transaction, valued at Rs. 54.25 crores, involved a substantial number of shares changing hands.

Block Trade Details

Aspect	Details
Total Value	Rs. 54.25 crores
Number of Shares	309,459
Price per Share	Rs. 1,753.20
Exchange	NSE

This block trade represents a notable transaction in PB Fintech's stock, indicating potential interest from institutional investors or large stakeholders. Block trades are typically large-scale transactions executed outside the open market to minimize their impact on the stock price.

While the identity of the buyer and seller in this block trade remains undisclosed, such transactions often attract attention from market participants due to their size and potential implications for the stock's ownership structure.

PB Fintech, known for its digital insurance and lending platforms, has been a subject of interest in the fintech sector. This block trade may reflect changing perspectives on the company's market position or future prospects.

Investors and market analysts will likely keep a close watch on any subsequent disclosures or changes in substantial shareholding patterns that may emerge following this significant transaction.