PB Fintech board to consider QIP fundraise on February 5

PB Fintech Ltd’s board of directors has decided to explore a fund-raising proposal as part of the company’s strategy to complement its organic growth through selective inorganic opportunities, CNBC-TV18 reported.

In a regulatory filing, the company said its board, at a meeting held earlier today, February 2, noted PB Fintech’s robust organic growth trajectory over the years and discussed plans to strengthen this by selectively pursuing strategic investments, acquisitions and partnerships in domestic and international markets.

In pursuance of this strategy and in line with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a meeting of the board of directors is scheduled to be held on Thursday, February 5, 2026. The board will consider and approve a proposal to raise funds through the issuance of equity shares via a qualified institutional placement (QIP) to eligible investors, subject to shareholder approval or any other approvals that may be required.

PB Fintech, which is the parent company of Policybazaar and Paisabazaar, said the proceeds from the proposed capital-raise are intended to be utilised to pursue inorganic growth opportunities. However, it clarified that no specific acquisition, investment or partnership target has been identified at this stage.

The board noted that the strategy would enable PB Fintech to remain agile while evaluating potential opportunities across markets. The proposed fund raise is aimed at supporting the company’s long-term expansion plans by complementing its existing organic growth with carefully chosen inorganic initiatives.

PB Fintech said the approach would allow it to explore opportunities in both local and overseas markets, depending on strategic fit and value creation potential. By keeping the mandate broad, the company intends to retain flexibility in deploying capital when suitable opportunities emerge.

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Details relating to the size, pricing and structure of the proposed QIP are expected to be considered at the upcoming board meeting. The company said it would make the necessary disclosures following the board’s decision.

Shares of PB Fintech Ltd closed lower on the NSE at ₹1,545, down ₹74.10 or 4.58%.