ImportantGeneral Updates

PB Fintech has executed agreements to disburse unsecured loans to its wholly-owned subsidiaries.

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PB Fintech LimitedPOLICYBZR · Filed with the exchange

Policybazaar will receive ₹300 Cr, primarily from IPO proceeds, to fund its operations.

Paisabazaar will get ₹100 Cr from both IPO and non-IPO funds for its business and other expenses.

Both loans carry a 12% annual interest rate and are repayable within one year.

This capital injection supports the growth and strategic objectives of PB Fintech's core businesses.

Read the original filing(PDF)

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