PB Fintech has approved the acquisition of the remaining 20% equity stake in its subsidiary, MyLoancare Ventures Private Limited, for a maximum consideration of ₹5 crore. The move aims to make the non-banking financial company (NBFC) a wholly-owned subsidiary.

The M&A and Investment Committee granted in-principle approval during its meeting on September 16, 2026. The final transaction price will be determined by an independent registered valuer based on the fair market value as of September 30, 2026. The deal is subject to acceptance by selling shareholders and regulatory intimation to the Reserve Bank of India (RBI).

Capital Infusions in Subsidiaries

Alongside the acquisition, PB Fintech authorized capital infusions into two other wholly-owned subsidiaries:

• PB Wheels Private Limited: Up to ₹10 crore in equity shares to meet working capital requirements for its digital car care platform.
• PB Financial Account Aggregator Private Limited: Up to ₹1 crore in equity shares to meet general operating expenses and RBI-mandated net worth criteria for account aggregators.

Financial Profile of MyLoancare

MyLoancare, incorporated in 2013, operates as an RBI-registered NBFC engaged in digital lending technology and retail loan aggregation. Its financial performance shows significant volatility over the last three fiscal years.

As of March 31, 2026, MyLoancare reported a net worth of ₹22.86 crore against its FY25-26 turnover. The acquisition is structured as a related-party transaction at arm’s length, with no promoter interest involved beyond the listed entity’s existing holding.

What the Numbers Show

The divergence between MyLoancare’s net worth (₹22.86 crore) and its recent turnover (₹0.82 crore in FY25-26) highlights the asset-heavy nature of the NBFC relative to its current revenue generation. The proposed acquisition cost of up to ₹5 crore for a 20% stake implies a pre-money valuation consistent with the entity’s capital base rather than its recent operational scale. This suggests PB Fintech is prioritizing control and governance consolidation over immediate revenue multiples for this specific vertical.

PB Fintech Limited management will participate in an investor conference on September 24, 2026. The company confirmed its attendance at the BofA Securities 2026 Asia Pacific Conference via a regulatory filing on September 16, 2026.

The session will be held physically in Hong Kong at 9:00 am HKT. Bhasker Joshi, Company Secretary and Compliance Officer, issued the intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details

The company stated that no unpublished price-sensitive information will be shared during the interaction. The schedule remains subject to change due to exigencies on the part of the company or investors. This intimation is also available on the company’s website.