KFin Technologies has issued a clarification regarding a news item suggesting that General Atlantic plans to sell 10-15% of its stake. The company stated that the news is based on rumor and speculation and is inaccurate. KFin Technologies also confirmed that General Atlantic has not indicated any intention to sell its stake. The company’s shares decreased by 5.79% on September 22, 2025.
News Item Clarification
KFin Technologies has addressed a recent news item concerning a potential stake sale by General Atlantic. The company has firmly stated that the news is based on rumor and speculation.
No Intent to Sell Stake
KFin Technologies confirms that General Atlantic, categorized as a Promoter and Promoter Group, has not indicated any intention to sell their stake in the company. The company is unaware of any ongoing negotiations related to this matter. This statement aims to address concerns arising from recent market activity, where share prices decreased by 5.79% on September 22, 2025, moving from Rs. 1149.40 to Rs. 1082.85.
Regulatory Matters
KFin Technologies declares that there are no significant regulatory or legal proceedings against the company.
Source: BSE