SBFC Holdings Pte, a promoter of Mumbai-based non-banking financial company (NBFC) SBFC Finance, sold a 1.3% stake in the firm for ₹112 crore through an open market transaction on Wednesday. According to National Stock Exchange (NSE) bulk deal data, the entity offloaded over 1.36 crore shares at an average price of ₹82 per share, aggregating to ₹111.72 crore.

The transaction underscores SBFC Holdings’ partial exit from the NBFC, which went public in 2023. SBFC Finance, specializing in secured MSME and consumer loans, has seen its shares fluctuate amid evolving market conditions. The sale aligns with broader trends of promoter stake adjustments post-listing to optimize portfolios or meet regulatory requirements.

Market analysts suggest the move could reflect SBFC Holdings’ strategy to capitalize on liquidity opportunities or rebalance its investments. The bulk deal, executed at ₹82 per share, marks a slight discount to SBFC Finance’s recent closing price of ₹83.55 on the NSE.

SBFC Finance’s stock has faced volatility since its IPO, impacted by macroeconomic factors and sector-specific risks. The promoter’s partial divestment may influence investor sentiment, though the firm’s fundamentals in the growing NBFC sector remain a focus for long-term stakeholders.

The transaction highlights the active role of promoters in managing equity stakes post-listing, particularly in India’s competitive financial services landscape. Such deals often signal confidence shifts or strategic repositioning amid changing market dynamics.

SBFC Finance, backed by global investors like Clermont Group, continues to expand its loan portfolio despite sector challenges. The stake sale is unlikely to impact operational control, as promoters retain a majority share, ensuring stability in governance and strategic direction.