PB Fintech Limited has informed the Exchange about General Updates-Disclosure under Regulation 30 of the SEBI (Listing obligations and Disclosure Requirements), Regulations, 2015

Paisabazaar Marketing and Consulting Private Limited, a wholly owned subsidiary of PB Fintech, received an income tax assessment order on May 2, 2025, for assessment year 2022-23. The tax officer disallowed expenses of INR 60.31 crores under section 37 of the Income Tax Act, even though the company says it had submitted all supporting documents. PB Fintech plans to file an appeal against the order. The actual tax demand is NIL because the disallowed amount can be set off against brought forward losses. A separate demand notice for INR 10.67 crores was issued in error and the company will take corrective action on that too.