Archive · 17 Dec 2025
Tata AIA, Aranda Buy 1.4% SBFC Stake
Tata AIA Life Insurance and Aranda Investments, which is part of Temasek Holdings, bought a 1.4% stake in SBFC Finance from the Massachusetts Institute of Technology (MIT).
They bought 1.53 crore shares at ₹105.14 each, spending about ₹161.54 crore.
MIT sold the same number of shares at the same price.
After this deal, SBFC Finance's shares went up a little and closed at ₹105.60 on the National Stock Exchange.
Tata AIA Life Insurance and Aranda Investments acquired a 1.4% stake in SBFC Finance from MIT.
The transaction involved 1.53 crore shares purchased at an average price of ₹105.14 per share.
The total value of the transaction was ₹161.54 crore.
MIT sold the shares through its three affiliates at the same price on the NSE.
Shares of SBFC Finance rose 0.44% to close at ₹105.60 on the NSE.
- Who
- Tata AIA Life Insurance, Aranda Investments, MIT
- What
- Acquisition of 1.4% stake in SBFC Finance
- When
- Tuesday (specific date not mentioned)
- Where
- National Stock Exchange (NSE)
- Why
- Investment in SBFC Finance
- Companies Involved
- Tata AIA Life Insurance, Aranda Investments, MIT
- Stake Acquired
- 1.4%
- Number of Shares
- 1.53 crore
- Transaction Value
- ₹161.54 crore
- Share Price
- ₹105.14 per share
- Stock Exchange
- NSE
- SBFC Share Closing Price
- ₹105.60