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PB Fintech shares jump after HDFC Mutual Fund raises stake to 5.02%
HDFC Mutual Fund bought 129,068 PB Fintech shares on July 14, lifting its voting stake to 5.02% from 4.99% and triggering a SEBI Regulation 29(1) disclosure.
PB Fintech shares rose about 3% in intraday trading on July 17 after HDFC Mutual Fund increased its stake in the company to 5.02% through an open market purchase, according to a regulatory filing cited by LiveMint Markets. The filing, made under SEBI’s Regulation 29(1), said HDFC Mutual Fund’s aggregate holding crossed the 5% threshold based on holdings as of the close of business on July 14, 2026. Before the transaction, the fund held 4.99% of PB Fintech’s paid up equity share capital, or 230,77,520 equity shares. During the purchase, HDFC Mutual Fund acquired 129,068 equity shares, equivalent to 0.03% of the paid up equity share capital. After the acquisition, its holding increased to 2,32,06,588 equity shares, representing 5.02%. LiveMint Markets also reported that the acquisition involved only equity shares and did not include warrants, convertible securities, or encumbered shares. On BSE, PB Fintech stock climbed as much as 3.1% to a day high of ₹1,609.90, after recent weakness including a 12% decline over the prior year and a 52 week low of ₹1,334.20 in March 2026.