New World Fund, Inc. has decreased its shareholding in PB Fintech Ltd., the parent company of Policybazaar and Paisabazaar. The sale involved -9,214,138 shares, resulting in a decrease of -2.0952% of the total share/voting capital. Following this transaction, New World Fund’s holding stands at 13,581,056 shares, representing 2.9569% of the total share/voting capital. The transaction was executed through the open market on November 12, 2025.
Shareholding Update
New World Fund, Inc. has adjusted its investment position in PB Fintech Ltd. through a series of transactions on the open market. This sale has altered the fund’s ownership percentage within the company.
Details of the Transaction
As of November 12, 2025, New World Fund sold -9,214,138 shares. This transaction resulted in a -2.0952% change in the total share/voting capital.
Pre and Post Transaction Holdings
Prior to this sale, New World Fund held 22,795,194 shares, which accounted for 5.0521% of the total share/voting capital in PB Fintech Ltd. Following the transaction, the fund now holds 13,581,056 shares, representing 2.9569% of the company’s total share/voting capital.
Impact on Share Capital
The equity share capital of PB Fintech Ltd. after the mentioned sale is 459,307,364.
Source: BSE
