Supra Pacific Financial Services share price surged 22.20% over the last two trading sessions, driven by increased promoter confidence and strategic business expansion. Promoter Joby George raised his stake in the company through open market purchases, boosting his holding from 22.63% to 22.77%.
The stock rally also follows the company’s announcement of corporate agency partnerships with major insurance providers—HDFC Life Insurance, ICICI Lombard General Insurance, and Care Health Insurance—aimed at diversifying revenue streams and strengthening its financial services offerings.
Joby George, a promoter of Supra Pacific Financial Services Ltd, has increased his shareholding in the company through a series of open market purchases conducted in September 2025. This move signals a reinforcement of promoter confidence in the company, coinciding with its strategic expansion into the insurance sector.
The acquisition was formally disclosed to the BSE Limited in compliance with SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations, 2011, and the Prohibition of Insider Trading Regulations, 2015.
According to the filings, Joby George purchased a total of 45,112 equity shares, which represent 0.14% of the total voting capital of Supra Pacific Financial Services Ltd. The transactions were executed through the open market on two separate dates:
The shares were bought at various prices per equity share, ranging from ₹30.25 to ₹31.49 on September 9 and from ₹30.30 to ₹31.00 on September 10.
This purchase has increased Joby George's stake in the company.
The total equity share capital of the company, both before and after this transaction, remains at ₹33,28,77,410, consisting of 3,32,87,741 equity shares with a face value of ₹10 each.
Strategic Context: Expansion into Insurance
On September 15, 2025, Supra Pacific Financial Services, a BSE-listed Non-Banking Financial Company (NBFC), officially launched its corporate agency partnerships with three major insurance providers: HDFC Life Insurance, ICICI Lombard General Insurance, and Care Health Insurance.
This strategic move is designed to diversify the company's revenue streams and position it as a comprehensive, one-stop financial services provider. The company has set ambitious growth targets for this new insurance vertical, projecting revenues of ₹1.50 crores in FY 2025-26 and a significant jump to ₹6.50 crores in FY 2026-27.
In conclusion, the decision by promoter Joby George to increase his equity stake just before the announcement of a major business expansion underscores a strong belief in the company's future growth trajectory and its potential for long-term value creation.
On Wednesday, the Supra Pacific Financial Services share price was trading in negative territory, but in the last two trading sessions, the stock price has jumped by 22.20%. As of 10:39 am, the stock price was trading at ₹36.29 per share, down by 2.34%. On a year-to-date basis, the stock is 9.26% up.
For android only