Rajeev Thakkar sells small stake, PPFAS gets a price tag

Rajeev Thakkar sold a stake in PPFAS to WhiteOak Capital's AIF. This transaction valued the unlisted asset management company at nearly ₹15,800 crore. Promoters Neil and Khushboo Parikh also recently sold a stake in PPFAS. These deals provide valuation insights for the closely held company. PPFAS reported increased revenue and net profit in the last fiscal year.

Raccontata daeconomictimes.indiatimes.com