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Bulk & Block deals: Quality Investment Holdings exits PNB Housing Finance with 10.43% stake sale

PNB Housing Finance share price: The total stake sale was absorbed in part by Kotak Mahindra Mutual Fund, which acquired over 21.7 lakh shares at the same price

May 02, 2025 / 23:08 IST
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The following stocks were sold via bulk and block deals on May 2.

PNB Housing Finance Limited

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Quality Investment Holdings PCC has fully exited its position (10.43%) in PNB Housing Finance, offloading a substantial 2.7 crore shares in two tranches at Rs 1,000.20 apiece. The total stake sale was absorbed in part by Kotak Mahindra Mutual Fund, which acquired over 21.7 lakh shares at the same price, signalling continued institutional interest in the mortgage lender even as long-time investors move out. The stock closed at Rs 1,050, higher by 4.02 percent from the last close.

Several marquee institutional investors participated in the PNB Housing Finance block deal. Buyers included Singularity Holdings, Viridian Asia Opportunities Master Fund, Al Mehawar Commercial Investments, ASK Absolute Return Fund, Aurigin Master Fund, Axis Mutual Fund, Bank of India Mutual Fund, Canara Robeco Mutual Fund, Carmignac Portfolio, Citigroup Global Markets Mauritius, Cohesion MK Best Ideas Sub-Trust, Discovery Global Opportunity Mauritius, and DSP Mutual Fund.