General Atlantic likely to sell 6.2% stake in KFin Tech via block deal: Report

December 14, 2023

The floor price set for the sale is Rs 490, a discount of 8% to the current market price. On Thursday, shares of the company ended 5.6% higher on the National Stock Exchange at Rs 531.80. The offer size is around Rs 515-833 crore, with 90 days of lock-in, and IIFL Securities is the broker to the deal, ETNow reported.

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