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Tencent sells entire PB Fintech stake in huge ₹805 crore block deal, trimming years-long bets
Business
Published on 9 May 2026
9.16% stake once, now it’s fully out
Tencent has exited PB Fintech completely, selling its entire 1.05% stake for ₹805.4 crore through a block deal. The sale involved offloading 48.4 lakh shares at ₹1,664 each, bought by funds including HDFC Mutual Fund and Morgan Stanley. Tencent’s stake has been steadily falling since 2019, as PB Fintech’s profits and revenue climb despite mixed share performance.
- Tencent sold its full 1.05% stake in PB Fintech for ₹805.4 crore
- 48.4 lakh shares were sold at ₹1,664 each via the block deal
- Buyers included HDFC Mutual Fund, Morgan Stanley and others
- Tencent cut holdings from 9.16% at listing to zero by 2026
Read the full story at Inc42
This summarization was done by Beige for a story published on 
Inc42