Info Edge has increased its shareholding in PB Fintech, the parent company of Policybazaar and Paisabazaar, through a restructuring process approved by the National Company Law Tribunal (NCLT). The transaction results in a notable enhancement of Info Edge’s strategic position in the fintech space.
As per the disclosure, the company acquired an additional 6.47% stake, taking its total holding in PB Fintech to 12.43%. The stake increase was executed through an amalgamation mechanism, a legal process involving the merger of two entities into a single structure.
| Aspect | Details |
| Previous Stake | 5.96% |
| Additional Stake Acquired | 6.47% |
| Current Total Stake | 12.43% |
| Method of Acquisition | NCLT-approved amalgamation |
The updated shareholding reflects the conclusion of the restructuring exercise and formal approval from the relevant regulatory authority.
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