Rs. 1 crore equity infusion into wholly owned subsidiary PB Financial Account Aggregators
PB Fintech has invested INR 1,00,00,000 in equity shares of its wholly owned subsidiary PB Financial Account Aggregators Pvt Ltd (an RBI Account Aggregator NBFC).
- Investment Amount
- INR 1,00,00,000
- Equity Shares Allotted
- 10,00,000 equity shares of face value Rs. 10 each
- Paid-up Capital After Allotment
- ₹ 7,00,00,000
- Subsidiary
- PB Financial Account Aggregators Pvt Ltd (wholly owned, RBI Account Aggregator NBFC)
- Purpose
- Operating expenses and RBI net worth/capital adequacy norms
What happened
PB Fintech has infused INR 1,00,00,000 into the equity shares of PB Financial Account Aggregators Private Limited (PBFAA), which is already a wholly owned subsidiary. This follows an earlier communication dated September 16, 2026.
About the subsidiary
- Incorporated on February 03, 2022 to carry on the business of an Account Aggregator; industry classified as NBFC (AA).
- Registered office in Gurgaon, Haryana; presence in India.
- Authorised capital: ₹ 7,00,00,000.
- Paid up capital before allotment: ₹ 6,00,00,000; after allotment: ₹ 7,00,00,000.
- Net worth as on 31.03.2026: ₹3,07,15,823.
- Revenue from operations for FY 2025-26: 12.79 lakhs; FY 2024-25: 24.69 lakhs; FY 2023-24: NIL. This revenue is interest income on bank fixed deposits; the subsidiary has not yet commenced commercial operations.
Deal terms
- Consideration: cash.
- Cost of acquisition: INR 1,00,00,000.
- PBFAA will allot 10,00,000 equity shares of face value Rs. 10 each to PB Fintech.
- No governmental or regulatory approval required; only a post-facto intimation will be submitted to the RBI Regional Office.
Why it is being done
The capital infusion will allow the wholly owned subsidiary to meet its general operating expenses and/or the capital adequacy/net worth criteria mandated by the Reserve Bank of India for Account Aggregators.
Related party angle
Since PB Fintech holds 100% in PBFAA, the transaction falls in the related party category. The company states it is professionally managed with no identifiable promoter, so no promoter or promoter group interest is involved, and the transaction is done on an arm's length basis.
How investors may read it
This is an internal transfer of funds within the group to support a subsidiary that is still to begin commercial operations. The amount is modest relative to the group and the shareholding remains 100%, so consolidated ownership does not change.
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More numbers
- Investment in PBFAA equity sharesINR 1,00,00,000/-
- Authorised capital of PBFAA₹ 7,00,00,000/-
- Paid up capital before allotment₹ 6,00,00,000/-
- Paid up capital after allotment₹ 7,00,00,000
- Net worth of PBFAA (31.03.2026)₹3,07,15,823
- Equity shares to be allotted to PB Fintech10,00,000 equity shares
- Face value per shareRs. 10/- each
- Revenue from operations FY 2025-26 (in lakhs)12.79
- Revenue from operations FY 2024-25 (in lakhs)24.69
- Stake held in PBFAA100% stake
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