PB Fintech Limited has informed the Exchange about Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
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PB Fintech has received approval from the National Company Law Tribunal (NCLT), Chandigarh Bench for its Scheme of Amalgamation with Makesense Technologies Limited. Under this scheme, Makesense Technologies (Transferor Company) will merge into PB Fintech (Transferee Company) under Sections 230-232 of the Companies Act, 2013. The NCLT order was pronounced on August 29, 2025, and the certified copy of the order is awaited. The company has been pursuing this amalgamation since its initial disclosures in April 2022 and September 2023. No share swap ratio, open offer, or new equity issuance details are mentioned in this disclosure.
This is an internal group restructuring rather than a new acquisition, so there is no direct financial or shareholder dilution impact. Shareholders need not take any action; the merger will become effective once the certified order is filed with the Registrar of Companies. The stock is unlikely to see a material reaction unless swap ratio or financial details are disclosed later.