20 Jun , 2025 By : Debdeep Gupta
Northern Arc Capital saw a large trade involving 2.23 crore shares worth Rs 440 crore in the executed in block deal window on June 20.
Shares of Northern Arc Capital sank almost nine percent in the opening session on Friday, June 20, after a block deal involving shares worth Rs 440 crore was executed.
Around 2.23 crore shares, which equals 13.84 percent of the total equity shareholding, valued at Rs 440 crore was exchanged. The average price per share was Rs 197, indicating an eight percent discount to the previous session's closing price.
At 9.35 a.m., shares of the firm were quoting Rs 202.51, lower by 5.3 percent on the NSE. Over the past six months, shares of the firm have tumbled around 9.5 percent on the bourses.
According to the March quarter shareholding data, there is no promoter shareholding in the firm. FIIs and DIIs held about 5.2 percent and 22.5 percent, respectively. The public shareholding in the firm was around 72.2 percent.
On April 9, 2025, veteran investor Ashish Dhawan picked up 35,00,000 shares (2.17 percent stake) in the company in a large buy transaction, even as other institutional players were trimming their stakes. Dvara Trust exited 8,35,500 shares (0.52 percent stake) in the company, while 360 ONE Special Opportunities Fund - Series 3 also sold 20,73,855 shares or 1.29 percent of its holding.
Registered with the Reserve Bank of India (RBI) as a systemically important entity, Northern Arc is a non-deposit-taking NBFC that has been active in the financial inclusion space for over a decade.
As one of the country's leading diversified NBFCs, Northern Arc Capital operates with a broad business model spanning multiple offerings, sectors, products, geographies, and borrower segments. The firm facilitates access to credit for underserved households and businesses, both directly and through partnerships with originators.
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