The Exchange has received the disclosure under Regulation 29(1) & 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Info Edge (India) Ltd & PACs

Listed-company acquisitionScheme filed with the NCLTStrategic Transactions View source PDF Explain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-2.1%Reaction day

₹1961.80

prior close

₹1957.30

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-0.9%-1.2% vs market

Financial Technology (Fintech) peers, median of 8sector-1.1%-1.0% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty Midcap 150 and 1.0 pts less than its Financial Technology (Fintech) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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30m

-0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.1-0.9-1.2-1.1-1.0

Next day

-1.0-0.1-0.9-0.6-0.4

-2.0+1.1-3.1-0.2-1.8

-1.9+1.0-3.0-1.3-0.7

-7.0+0.3-7.2-2.5-4.5

-9.8-0.3-9.5-1.5-8.3

-3.9+1.1-5.0-0.4-3.5

15d

-8.1+2.1-10.2-2.1-6.0

-14.7+0.2-14.8-7.3-7.4

-22.8+2.0-24.9-9.3-13.5

-25.2-3.8-21.4-22.3-2.8

UpDownMarket · Nifty Midcap 150Sector · Financial Technology (Fintech) peers, median of 8Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

PB Fintech's Board approved allotment of 2,99,48,003 equity shares (face value Rs. 2) to Info Edge (India) Ltd on December 6, 2025, representing 6.47% of paid-up share capital. This allotment is pursuant to a Scheme of Amalgamation of Makesense Technologies (Info Edge's subsidiary) with PB Fintech, approved by the NCLT Chandigarh Bench. As a result, Info Edge, which previously held its stake indirectly through subsidiaries, will now hold 6.47% directly in PB Fintech, while aggregate shareholding with PACs (Startup Investments Holding and Diphda Internet Services) remains unchanged at 12.43%. The merger effectively converts Info Edge's indirect holding via Makesense into a direct holding in PB Fintech.

Likely market impact

This is a restructuring of an existing shareholding rather than a new investment—total promoter-style stake by Info Edge stays flat at 12.43%, so it should be largely neutral for PB Fintech shareholders. No new dilution beyond what was already approved under the NCLT scheme, and no open offer is triggered.