Physicswallah Limited has informed the Exchange about Acquisition/Investment in the Wholly Owned Subsidiary of the Company.
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Physicswallah Limited's Audit Committee has approved an investment of approximately INR 120 crore into FinZ Finance Private Limited, a wholly owned subsidiary. The investment will be made via subscription to up to 26,666,667 equity shares at INR 10 face value plus INR 35 premium per share. FinZ Finance is a recently licensed NBFC that received its RBI license in September 2025 and commenced operations in March 2026. The company reported negligible turnover of INR 0.01 million in FY 2026. The investment is intended to augment FinZ Finance's working capital and support the scaling up of its lending and finance business. The transaction qualifies as a related party transaction and has been conducted at arm's length.
The investment has no dilutive effect on Physicswallah's stake in FinZ Finance, which remains a wholly owned subsidiary. It signals the parent's commitment to building out its NBFC arm, which could diversify revenue streams but also increases capital deployment into a newly operational entity with minimal current revenue.