Shareholding4 Jul 2026, 12:31 pm
SBI Life Disposes 50 Lakh Paisalo Digital Shares
AI Summary
SBI Life Insurance Company Limited has disclosed the disposal of 50,00,000 shares in Paisalo Digital Limited, representing 0.55% of the total share capital. This transaction was conducted via the open market. Prior to this sale, SBI Life held 6.83% of Paisalo Digital's shares. Following the disposal, their holding has reduced to 6.28%. The disclosure was made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- SBI Life sold 50 lakh shares of Paisalo Digital.
- Disposal was executed through open market transactions.
- SBI Life's stake in Paisalo Digital reduced to 6.28%.
- Transaction falls under SEBI Takeover Regulations.
- Total diluted share capital of Paisalo Digital is over 99 crore.
Price Impact
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