Morgan Stanley bought 5,28,000 shares of Poonawalla Fincorp for ₹25.00 crore at ₹473.50 apiece in a block deal.
A non-deposit taking NBFC registered with the Reserve Bank of India, Poonawalla Fin provides consumer and MSME financing solutions alongside general insurance services. The company serves retail borrowers and small businesses through its diversified lending portfolio and risk management offerings. Its integrated approach across consumer finance, business lending, and insurance products distinguishes it within India's competitive non-banking financial sector.
US-based global investment bank. India FPI activity covers proprietary, market-making and client flows in listed Indian equities.