PB Fintech Limited has announced the incorporation of a new step-down wholly-owned subsidiary, Paisa Financial Services Private Limited, on February 27, 2026. The company has informed stock exchanges about this corporate development under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements.

Subsidiary Details and Capital Structure

Paisa Financial Services Private Limited has been incorporated with CIN U82910HR2026PTC142551 and registered with the Registrar of Companies, New Delhi. The Registration Certificate was issued on February 27, 2026.

Corporate Structure and Related Party Status

Paisa Financial Services Private Limited is structured as a wholly-owned subsidiary of Paisabazaar Marketing and Consulting Private Limited, which makes it a step-down subsidiary of PB Fintech Limited. This arrangement classifies the new entity as a related party of PB Fintech Limited under regulatory definitions.

The investment of ₹3 crore has been made through cash consideration by Paisabazaar Marketing and Consulting Private Limited, which holds 100% equity share capital, voting power, and beneficial interest in the new subsidiary.

Business Operations and Regulatory Compliance

The newly incorporated entity will focus on collection business operations. As a recently established company, Paisa Financial Services has not yet commenced business operations, making turnover, profit after tax, and net worth metrics not applicable at this stage.

PB Fintech Limited has confirmed that no governmental or regulatory approvals were required for this incorporation. The company has also noted that as a professionally managed entity with no identifiable promoter, promoter or promoter group interests are not involved in this transaction.

Disclosure and Compliance

The disclosure has been made in compliance with SEBI Listing Regulations and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. PB Fintech Limited has confirmed that the disclosure will be hosted on the company's website at www.pbfintech.in for public access and transparency.

PB Fintech has officially clarified that recent media reports about reviving a $1 billion fundraising initiative are factually untrue. The company issued a formal statement to stock exchanges on February 06, 2026, categorically denying the Bloomberg reports that suggested the fintech major was planning to raise substantial capital.

Official Clarification to Stock Exchanges

In a regulatory filing under Regulation 30, PB Fintech addressed the news items published by Bloomberg and other media outlets regarding the alleged fundraising plans. The company's clarification was submitted to both the National Stock Exchange of India Limited and BSE Limited.

Management's Position on Fundraising

The company explicitly stated that neither the management nor the Board are considering any Qualified Institutional Placement (QIP) at this time. This direct contradiction of the media reports provides clarity to investors and stakeholders about the company's current capital raising plans.

The clarification was signed by Bhasker Joshi, Company Secretary and Compliance Officer, emphasizing the official nature of the denial. The company requested the stock exchanges to take note of this clarification in their records.

Market Communication Strategy

By issuing this prompt clarification, PB Fintech demonstrated its commitment to transparent communication with investors and regulatory compliance. The company specifically referenced the Bloomberg article titled "PB Fintech Is Said to Revive $1 Billion Fundraise After Outreach" and other related news reports to ensure comprehensive coverage of the denial.

This development highlights the importance of official company communications in addressing market speculation and maintaining accurate information flow to stakeholders.