FilingReader Intelligence

PB Fintech allots new shares from employee stock option plan

September 10, 2025 at 02:09 PM UTCBy FilingReader AI

PB Fintech Limited announced on September 10, 2025, the allotment of 50,082 equity shares, each with a face value of INR 2, to eligible employees. This allotment stems from the exercise of vested options under the PB Fintech Employees Stock Option Plan 2021 (ESOP 2021). The decision was made via a circular resolution passed by the nomination and remuneration committee on the same date.

Following this allotment, the company's issued and paid-up share capital has increased from INR 91,85,14,564 (comprising 45,92,57,282 equity shares) to INR 91,86,14,728 (comprising 45,93,07,364 equity shares). These newly allotted shares will rank pari passu with the existing equity shares, and the company is in the process of completing the necessary formalities for their listing.

The company previously received in-principle approvals for its ESOP from both the National Stock Exchange of India Limited and BSE Limited in 2022.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:POLICYBZRBombay Stock Exchange

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