Societe Generale bought 5,18,909 shares of Kfin Technologies in a block deal for ₹48.00 crore at ₹925.00 per share. Notably, a larger block deal for approximately 1.51 crore shares (8.75% stake) of KFin Technologies, valued at ₹1,400 crore at ₹925 per share, also took place on the same day, with General Atlantic reportedly selling its stake.
A technology-driven financial services platform providing comprehensive services and solutions to asset managers and corporate issuers across multiple asset classes in India. The company delivers investor solutions including transaction origination and processing for mutual funds and private retirement schemes in Malaysia, the Philippines, and Hong Kong. KFin operates as a vertically integrated service provider serving both domestic and international markets.
French global investment bank with around EUR 1.6 trillion in assets. India FPI activity covers proprietary, market-making and client flows in listed Indian equities.