A promoter entity of Kfin Technologies Ltd. offloaded 10% stake in the company for more than Rs 850 crore through an open market transaction. The entity, General Atlantic Singapore Fund, sold over 1.7 crore shares at Rs 500.5 per share, as per NSE data.
The buyers in this transaction included ICICI Prudential Life Insurance Co., acquiring 9 lakh shares (0.52%), ICICI Prudential Mutual Fund with 13.77 lakh shares (0.81%), Societe Generale obtaining 22.64 lakh shares (1.33%), and Unifi Capital Private purchasing 25 lakh shares (1.47%) at Rs 500 per share.
As of September 2023, General Atlantic SingaporeFund retained a 48.18% stake in Kfin Technologies, while General Atlantic Singapore KFT Pte held a 0.94% stake. This strategic move in shareholding reflects changes in the company’s ownership structure and could have implications for its future direction and partnerships.
I’m Abhishek Sharma, an Advocate based in Delhi, entrepreneur, investor, and founder of BigBreakingWire.I am an enrolled Advocate with a strong interest in entrepreneurship, media, and technology. I founded BigBreakingWire, a digital news platform covering breaking news, business, financial markets, companies, and important developments in India and around the world.I also have a software company and take an active interest in technology, software, AI, digital products, and new business ideas.As an investor, I’m interested in discovering and investing in promising businesses and startups. I look for good ideas, strong founders, practical business models, and opportunities with long-term potential.I enjoy building businesses, learning about new industries, and connecting with people who are working on interesting ideas and opportunities.Advocate | Entrepreneur | Investor | Founder & Editor-in-Chief, BigBreakingWire
Last reviewed by Abhishek Sharma on October 13, 2026
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