News Corporate Actions PB Fintech Board Meeting Scheduled for February 5, 2026 to Consider QIP Fund RaisePB Fintech Board Meeting Scheduled for February 5, 2026 to Consider QIP Fund Raise
PB Fintech Limited has scheduled a board meeting for February 5, 2026, to consider raising funds through Qualified Institutions Placement (QIP) for pursuing inorganic growth opportunities. The company's board acknowledged its robust organic growth and discussed strategies to complement this through strategic investments, acquisitions, and partnerships in local and international markets. The proceeds will be used for expansion through inorganic opportunities, though no specific target has been identified yet.
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PB Fintech Limited has announced a board meeting scheduled for February 5, 2026, to deliberate on a strategic fund raising initiative through Qualified Institutions Placement (QIP). The company filed this intimation with stock exchanges on February 2, 2026, under Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Strategic Growth Initiative
The Board of Directors, during their meeting held on February 2, 2026, acknowledged the company's robust organic growth trajectory over the years. The board discussed the strategic approach to complement this growth by selectively pursuing inorganic opportunities across local and international markets through various channels including strategic investments, acquisitions, and partnerships.
Fund Raise Details
The upcoming board meeting will focus on considering and approving the fund raise through equity share issuance via QIP to eligible investors. This capital raising initiative is subject to shareholders' approval and any other regulatory approvals that may be required.
| Meeting Details: | Information |
|---|---|
| Date: | February 5, 2026 |
| Purpose: | QIP Fund Raise Approval |
| Method: | Equity Share Issuance |
| Target Investors: | Qualified Institutions |
Utilization of Proceeds
The company has outlined that the proceeds from the proposed capital raise will be utilized for pursuing the strategic expansion through inorganic opportunities. However, PB Fintech has clarified that it has not identified any specific target for acquisition or investment at this time.
Regulatory Compliance
The disclosure has been made in compliance with SEBI regulations and will be hosted on the company's official website at www.pbfintech.in . The company operates under the brand names Policybazaar.com, Paisabazaar.com, QuickFIXcars, and doc:prime, maintaining its registered office at Plot No. 119, Sector-44, Gurugram-122001, Haryana.
This strategic move reflects the company's commitment to expanding its market presence and exploring growth opportunities beyond its current organic expansion trajectory.
Historical Stock Returns for PB FinTech
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.45% | -6.61% | -13.43% | -12.22% | -8.91% | +30.03% |
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