PPFAS Mutual Fund acquired 17,28,951 shares of Seshaasai Technologies Limited, representing a 1.07% stake in the company.
A technology-driven solutions provider specializing in payment processing, digital communications, and fulfillment services across India. Incorporated in 1993, the company operates from multiple locations and serves enterprise clients with integrated fintech solutions. Its distinctive approach combines payment infrastructure with communication platforms and logistics capabilities, offering end-to-end services that address the broader operational needs of businesses beyond traditional payment processing alone.
Founded by Parag Parikh Financial Advisory Services, best known for the Parag Parikh Flexi Cap Fund which invests in both Indian equities and select global large-caps including Meta, Alphabet, and Microsoft. Manages over Rs 1.2 lakh crore with a concentrated, long-duration, value-focused approach. CIO Rajeev Thakkar is one of India's most respected investors with a Munger-influenced thinking style.