Physicswallah Limited has informed the exchange regarding acquisition/investment in the Wholly Owned Subsidiary of the Company.
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Physicswallah Limited has approved an investment of approximately INR 120 crore in its wholly owned subsidiary, FinZ Finance Private Limited. The investment will be made by subscribing to about 2.67 crore fully paid-up equity shares at INR 45 per share (INR 10 face value plus INR 35 premium) on a rights basis. FinZ Finance is an NBFC that received its RBI license in September 2025 and commenced operations in March 2026. The capital infusion is intended to support FinZ Finance's working capital needs and business expansion. This is a related party transaction conducted at arm's length, with no change in Physicswallah's 100% ownership of the subsidiary.
This investment strengthens Physicswallah's financial services vertical by capitalizing its NBFC subsidiary. Since it involves an existing wholly owned subsidiary, there is no dilutive impact on Physicswallah's shareholding structure. The move signals continued expansion into financial services, though it involves cash outflow for the parent company.