Info Edge boosts stake in PB Fintech to 12.43%
MacRitchie Investments Pte. Ltd. has disclosed the acquisition of 29,941,996 equity shares in PB Fintech Limited, representing 6.47% of the total share/voting capital. This acquisition, completed on December 6, 2025, resulted from the allotment of shares to Info Edge (India) Limited as part of a scheme of amalgamation involving Makesense Technologies Limited and PB Fintech Limited. Consequently, Info Edge (India) Limited's aggregate direct and indirect shareholding in PB Fintech, including that of its wholly-owned subsidiaries, has increased to 12.43%.
On December 12, 2025, PB Fintech Limited also announced the grant of 18,782 employee stock options under its ESOP 2021 plan. These options, each convertible into one equity share of face value INR 2, were granted to eligible employees of a subsidiary company. The exercise price for these options is INR 1597.24, representing a 10% discount to the volume-weighted average price over the three months preceding December 11, 2025.
The options will vest over five years, with 20% vesting upon completion of each year, contingent on continued employment. No key managerial personnel were included in this specific grant. The total share capital of PB Fintech remains INR 92,53,49,480, divided into 46,26,74,740 equity shares of face value INR 2 each.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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