Investment in own subsidiary - PB Fintech Ltd
Code BSE: 543390 NSE: POLICYBZR
PB Fintech Ltd is investing as per details below
a) Amount = Up to INR 696 Cr in its subsidiary,
b) Subsidiary Name = PB Healthcare Services Private Limited.
c) Requiremnt - Shareholder Approval
d) Stake = The investment is proposed at par, with PB Fintech aiming for a 33.63%
e) Background of PB Healthcare Services Private Limited = Incorporated on January 01, 2025 to carry on the business of Healthcare and allied services in India.
The investment will be a related party transaction
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