PB Fintech Limited’s M&A and Investment Committee has approved the acquisition of the remaining 20% equity stake in its subsidiary, MyLoancare Ventures Private Limited, to achieve 100% ownership. Additionally, the committee authorized investments aggregating up to ₹10 crore in PB Wheels Private Limited and ₹1 crore in PB Financial Account Aggregator Private Limited, further consolidating its capital structure and operational capabilities across its group entities.
PB Fintech Advances Strategic Investments
PB Fintech Limited announced today that its M&A and Investment Committee has given the green light for several strategic initiatives aimed at strengthening its ownership and capital base within its subsidiary network. Key among these is the in-principle approval for acquiring the remaining 20% equity stake in its existing subsidiary, MyLoancare Ventures Private Limited. This acquisition is intended to transform MyLoancare into a wholly-owned subsidiary (WOS) of PB Fintech.
Valuation and Approvals
To facilitate the MyLoancare acquisition, the committee has approved the formal appointment of an Independent Registered Valuer to determine the Fair Market Value (FMV) as of September 30, 2026. The transaction remains contingent upon the acceptance of terms by the selling shareholders, the execution of definitive agreements, and the receipt of all necessary corporate and regulatory approvals. The estimated consideration for this 20% equity stake is up to ₹5,00,00,000 (Rupees Five Crores Only).
Capital Infusion in Subsidiaries
In parallel, PB Fintech has authorized significant capital infusions into two of its wholly-owned subsidiaries. An amount aggregating up to ₹10,00,00,000 (Rupees Ten Crore Only) will be invested into PB Wheels Private Limited. Furthermore, a capital investment of up to ₹1,00,00,000 (Rupees One Crore Only) is approved for PB Financial Account Aggregator Private Limited. These investments are planned to be made in one or more tranches to support the subsidiaries’ working capital and general operating expenses.
Subsidiary Details
MyLoancare Ventures Private Limited is a Non-Banking Financial Company (NBFC) with a Net Worth of ₹22,86,43,952 and a Turnover of ₹81,86,625 for FY 2025-26. It is currently a subsidiary, making it a related party under existing regulations. The acquisition aims for 100% control, streamlining synergies and corporate structures. PB Wheels Private Limited, a comprehensive digital car care platform, has a Net Worth of ₹75,68,196 and a Turnover of ₹2,29,62,813 for FY 2025-26. PB Financial Account Aggregators Private Limited, an NBFC (AA), reported a Net Worth of ₹3,07,15,823 and a Turnover of ₹12,79,176 for FY 2025-26, with its capital infusion aimed at meeting regulatory net worth criteria.
Source: BSE
