PB Fintech Limited has allotted 24,06,644 (Twenty-Four Lakhs Six Thousand Six Hundred Forty-Four) equity shares of face value Rs. 2/- each to eligible employees upon exercise of vested options under the PB Fintech Employees Stock Option Plan 2021 ("ESOP 2021"). The exercise price per share was Rs. 2/-, with a premium of NIL.
Consequent to this allotment, the company's issued and paid-up share capital has increased from Rs. 92,55,05,510/- consisting of 46,27,52,755 equity shares to Rs. 93,03,18,798/- consisting of 46,51,59,399 equity shares.
The allotment was approved by the Nomination and Remuneration Committee via a circular resolution passed on November 07, 2026. This action is in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
The newly allotted shares will rank pari-passu with the existing equity shares of the company. The company is in the process of completing formalities for listing these shares.
Additional Details from Annexure-A
- ISIN Number: INE417T01026
- Distinctive Numbers: 522642756 to 525049399
- Total issued shares after this issue: 46,51,59,399
- Total issued share capital after this issue: Rs. 93,03,18,798/-
- Lock-in details: NIL
- Shares are identical in all respects to existing equity shares.
- The company's registered office is at Plot No. 119, Sector-44, Gurugram-122001, Haryana.
- The shares are listed on the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE).
- In-principle approval for the ESOP scheme was granted by BSE (letters dated August 03, 2022 and November 03, 2022) and NSE (letters dated August 11, 2022 and November 02, 2022).
Additional Announcements
The disclosure will be hosted on the company's website at www.pbfintech.in.