PB Fintech Allots 6.82 Lakh Equity Shares Under Employee Stock Option Plan

1 min read     Updated on 02 Dec 2025, 07:59 PM
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Ashish TScanX News Team
Overview

PB Fintech, parent company of Policybazaar and Paisabazaar, has allotted 682,752 equity shares to employees under its ESOP 2021 scheme. The shares have a face value of Rs. 2 each. This allotment increased the company's paid-up capital from Rs. 92.40 crore to Rs. 92.53 crore. The company is now completing formalities to list these new shares on NSE and BSE.

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*this image is generated using AI for illustrative purposes only.

PB Fintech Expands Employee Stock Option Plan

PB Fintech , the parent company of Policybazaar and Paisabazaar, has recently allotted a significant number of equity shares to its employees under its Employee Stock Option Plan (ESOP). This move aligns with the company's ongoing efforts to incentivize and retain top talent while aligning employee interests with those of the shareholders.

Key Details of the Stock Option Allotment

  • Total Shares Allotted: 6,82,752 equity shares
  • Face Value: Rs. 2 per share
  • ESOP Scheme: ESOP 2021

Impact on Share Capital

The stock option allotment has resulted in an increase in the company's paid-up share capital:

Capital Amount (in crore)
Previous Paid-up Capital 92.40
New Paid-up Capital 92.53

Significance of the Move

This equity share allotment serves multiple purposes for PB Fintech:

  1. Employee Retention: By offering stock options, the company aims to retain its valuable employees, especially in a competitive job market.
  2. Alignment of Interests: Stock options help align the interests of employees with those of the company and its shareholders.
  3. Long-term Commitment: The ESOP encourages employees to commit to the company's long-term success.

Next Steps

PB Fintech is currently completing the necessary formalities to list these newly allotted shares on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). Once listed, these shares will rank equally with the existing equity shares of the company.

Conclusion

PB Fintech's decision to allot equity shares under its ESOP demonstrates its ongoing commitment to employee welfare and long-term growth. While the immediate impact on share capital is relatively small, the long-term benefits of employee retention and alignment of interests could prove valuable for the company's future performance.

Historical Stock Returns for PB FinTech

1 Day5 Days1 Month6 Months1 Year5 Years
+0.12%+8.57%+7.58%+2.54%-6.91%+59.39%
PB FinTech
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New World Fund Reduces Stake in PB Fintech by 2.10%

1 min read     Updated on 18 Nov 2025, 01:27 PM
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Reviewed by
Jubin VScanX News Team
Overview

New World Fund, Inc. has significantly reduced its shareholding in PB FinTech, the parent company of Policybazaar and Paisabazaar. On November 12, 2025, the fund sold 9,214,138 shares through open market transactions on BSE and NSE. This reduced New World Fund's stake from 5.05% (22,795,194 shares) to 2.96% (13,581,056 shares), a decrease of 2.10%. Despite this sale, PB FinTech's total equity share capital increased from 451,203,464 to 459,307,364.

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*this image is generated using AI for illustrative purposes only.

PB FinTech , the parent company of Policybazaar and Paisabazaar, has seen a significant reduction in shareholding by New World Fund, Inc., according to a recent regulatory filing. The transaction, which took place on November 12, 2025, involved the fund selling 9,214,138 shares of the fintech company through open market transactions.

Shareholding Details

The reduction in stake has altered New World Fund's position in PB FinTech as follows:

Aspect Before Transaction After Transaction Change
Number of Shares 22,795,194 13,581,056 -9,214,138
Shareholding Percentage 5.05% 2.96% -2.10%

This move represents a significant decrease in the fund's investment in the company, reducing its stake by more than 40% of its previous holding.

Transaction Specifics

  • Date of Sale: November 12, 2025
  • Mode of Sale: Open market transactions
  • Stock Exchanges: BSE and National Stock Exchange of India

Impact on PB FinTech's Capital Structure

The transaction has also affected PB FinTech's overall capital structure:

Capital Aspect Before Sale After Sale
Total Equity Share Capital 451,203,464 459,307,364

It's worth noting that despite the sale of shares by New World Fund, PB FinTech's total equity share capital has increased, indicating other capital-related activities during this period.

Market Implications

While the reasons behind New World Fund's decision to reduce its stake are not disclosed in the filing, such significant moves by institutional investors often attract market attention. The reduction in shareholding by a major investor could potentially impact market sentiment towards PB FinTech stock in the short term.

Investors and market analysts will likely be watching closely to see if this move signals any broader trends or changes in institutional investor sentiment towards the fintech sector in India.

PB FinTech, known for its digital insurance and lending platforms, continues to be a significant player in India's growing fintech landscape. The company's performance and future prospects will remain of interest to both retail and institutional investors alike.

Historical Stock Returns for PB FinTech

1 Day5 Days1 Month6 Months1 Year5 Years
+0.12%+8.57%+7.58%+2.54%-6.91%+59.39%
PB FinTech
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