PB Fintech Limited has informed the Exchange about General Updates
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PB Fintech Limited has incorporated a new step-down wholly-owned subsidiary called Paisa Financial Services Private Limited on February 27, 2026. The new entity is a wholly-owned subsidiary of Paisabazaar Marketing and Consulting Private Limited (which itself is a subsidiary of PB Fintech), making it a step-down subsidiary. It has an authorized share capital of Rs. 5 crore and paid-up capital of Rs. 3 crore, funded entirely by Paisabazaar Marketing and Consulting through cash. The new subsidiary will operate in the collection business. The company is newly incorporated and has not yet commenced business operations, so turnover, profit, and net worth are not applicable.
This is an internal corporate restructuring move to set up a dedicated entity for the collection business, likely to support Paisabazaar's lending operations. Minimal direct financial impact on shareholders since it involves a small Rs. 3 crore investment and the entity is not yet operational, though it could support future business expansion.