Tiger Global offloads nearly 3% stakes in PB Fintech worth Rs 522 crore

According to the bulk deal data available with the National Stock Exchange (NSE), funds managed by Tiger Global — Tiger Global Eight Holdings and Internet Fund III Pte — sold a total of 1,34,17,607 shares, amounting to 2.98 per cent stake in the company.

The Company Law Committee Report 2022: Key Proposals

Fractional shares refer to a portion of a share lesser than one unit. Such shares arise due to mergers, issue of bonuses, or rights issues. However, at present, the Companies Act does not allow the holding of fractional shares. But CLC believes that enabling the holding and trading of fractional shares will, in turn, increase … Read more