FilingReader Intelligence

PB Fintech allots shares after Makesense amalgamation approval

December 6, 2025 at 11:39 AM UTCBy FilingReader AI

PB Fintech Limited announced on December 6, 2025, the allotment of 5,98,90,000 fully paid-up equity shares, each with a face value of Rs. 2, to shareholders of Makesense Technologies Limited. This allotment is a direct result of the scheme of amalgamation between Makesense Technologies Limited (transferor company) and PB Fintech Limited (transferee company), which received sanction from the National Company Law Tribunal, Chandigarh Bench.

The allotment is based on the proportion of equity shares held by Makesense Technologies Limited shareholders as of the effective date of August 29, 2025. These newly allotted shares will rank pari passu with existing equity shares of PB Fintech Limited and are proposed for listing and trading on both the National Stock Exchange of India Limited and BSE Limited.

This disclosure follows previous announcements made on April 27, 2022, September 3, 2023, August 29, 2025, and October 9, 2025, related to the amalgamation scheme under Sections 230 to 232 of the Companies Act, 2013. The company also confirmed that this disclosure will be available on its website.

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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