PB Fintech shares jumped 3% intraday on July 17 following HDFC Mutual Fund's increased stake acquisition. According to reports from LiveMint, the NBFC stock reached its day's high of ₹1,609.90 per share on BSE. The stock has been under pressure recently, falling 3% in 1 month, 3% in 6 months, and 12% in 1 year. It had hit its 52-week high of ₹1,963 in December 2025 and its 52-week low of ₹1,334.20 in March 2026.
As reported by LiveMint, HDFC Mutual Fund's aggregate holding in PB Fintech stood at 5.02% of the company's paid-up equity share capital at the close of business on July 14, 2026. The fund acquired 1,29,068 equity shares carrying voting rights, equivalent to 0.03% of PB Fintech's paid-up equity share capital. Before the transaction, HDFC Mutual Fund held 2,30,77,520 equity shares, representing 4.99% of the company's paid-up equity share capital. Following the acquisition, the mutual fund's holding increased to 2,32,06,588 equity shares, representing 5.02% of the company's paid-up equity share capital.
According to the regulatory filing submitted by HDFC Asset Management Company under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, the disclosure was made after the fund's aggregate holding crossed the 5% threshold. The shares were acquired through the open market on July 14, 2026. The filing stated that there were no salient features of securities to disclose, as the acquisition involved only equity shares. The acquisition was made through multiple HDFC Mutual Fund schemes, including HDFC BSE 500 ETF, HDFC BSE 500 Index Fund, HDFC Arbitrage Fund, HDFC Banking & Financial Services Fund, HDFC Business Cycle Fund, HDFC Flexi Cap Fund, HDFC Balanced Advantage Fund, HDFC Innovation Fund, HDFC Large and Mid Cap Fund, HDFC NIFTY LargeMidcap 250 Index Fund, HDFC NIFTY Midcap 150 ETF, HDFC NIFTY Midcap 150 Index Fund, HDFC Multi Cap Fund, HDFC NIFTY500 Multicap 50:25:25 Index Fund, HDFC NIFTY India Digital Index Fund, HDFC Technology Fund, HDFC ELSS Tax Saver and HDFC Mid Cap Fund.
As reported by LiveMint, HDFC Mutual Fund does not belong to the promoter or promoter group of PB Fintech. The mutual fund continues to hold no voting rights other than through equity shares, and it does not hold any warrants, convertible securities or encumbered shares in the company. The filing was made in compliance with SEBI regulations for substantial acquisition disclosures, ensuring transparency in the stake increase process.
