PB Fintech Limited has informed the Exchange about Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
POLICYBZR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
PB Fintech has formally executed loan agreements to lend Rs 300 crore to Policybazaar Insurance Brokers and Rs 100 crore to Paisabazaar Marketing and Consulting, both its 100% wholly owned subsidiaries. The unsecured loans carry an interest rate of 12% per annum and are repayable within 1 year or on demand. The funds will be used to deploy IPO proceeds towards stated IPO objects and meet other subsidiary-level expenses. Of the total sanctioned amounts, Rs 83.1 crore has already been disbursed to Policybazaar and Rs 20 crore to Paisabazaar, with the balance to be released in tranches. The board had approved these loans on July 31, 2025, and the transactions are classified as related-party deals conducted at arm's length.
This is an internal fund movement to wholly owned subsidiaries and does not change PB Fintech's standalone business outlook, though it will earn 12% interest income on the deployed capital. Shareholders should note that IPO proceeds are being actively put to use as originally disclosed, which is a neutral-to-slightly-positive operational signal.