Info Edge (India) Limited has increased its stake in PB Fintech to 12.43% following the amalgamation of its subsidiary, Makesense Technologies Limited, with PB Fintech. The board approved the allotment of 2,99,48,003 fully paid-up equity shares to Info Edge, representing 6.47% of PB Fintech’s paid-up share capital. This move is part of a scheme approved by the National Company Law Tribunal.
Stake Adjustment After Amalgamation
Following the approved Scheme of Amalgamation between Makesense Technologies Limited, a subsidiary of Info Edge (India) Limited, and PB Fintech, Info Edge’s stake in PB Fintech has been adjusted. Effective December 6, 2025, PB Fintech’s Board of Directors approved the allotment of new shares to Info Edge.
Details of Share Allotment
A total of 2,99,48,003 fully paid-up equity shares, with a face value of ₹2 each, were allotted to Info Edge (India) Limited. This allotment represents 6.47% of the paid-up share capital of PB Fintech.
Revised Shareholding Structure
Post-allotment, Info Edge (India) Limited, along with its wholly-owned subsidiaries, now holds an aggregate shareholding of 12.43% in PB Fintech Limited. This includes shares held through Startup Investments (Holding) Limited and Diphda Internet Services Limited.
Pre and Post Allotment Shareholding
Here’s a breakdown of the shareholding changes:
| Entity | Shares in PB Fintech (Before) | Shares in PB Fintech (After) |
|---|---|---|
| Info Edge (India) Limited | Nil | 2,99,48,003 |
| Startup Investments (Holding) Limited | 86,62,500 | 86,62,500 |
| Diphda Internet Services Limited | 1,88,80,000 | 1,88,80,000 |
| Total | 5,74,90,503 | 5,74,90,503 |
Source: BSE