GEOJITFSL

- Promoter BNP Paribas sells 14.7% stake Geojit Financial

Promoter entity BNP Paribas SA has offloaded 14.68 percent equity stake in Geojit Financial Services via open market transactions on December 15. Of which, 13.6 percent shares were bought by three investors as well as founder.

Perhaps, Geojit Financial Services seems to have reacted to the large number of transactions, rising 7.9 percent to Rs 75.44 amid high volumes. As per the bulk deals data, BNP Paribas SA, which held 22.13 percent stake as of September 2025, sold 4.1 crore equity shares (equivalent to 14.6 percent of paid-up equity) in Geojit for Rs 278.8 crore at Rs 68 per share. However, ICICI Prudential Life Insurance Company picked up 1.25 crore shares for Rs 85 crore, Bajaj Allianz Life Insurance Company 1.35 crore shares for Rs 91.8 crore, and ace investor Porinju Veliyath-owned portfolio management company Equity Intelligence India bought 80 lakh shares for Rs 54.4 crore all this is for information. This is not a buy/sell recommendation. thank you, Technofunda24