General Updates

June 30, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Department of Corporate Services/ Listing Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Fort, Bandra (East), Mumbai – 400051 Mumbai – 400001 SYMBOL: POLICYBZR SCRIP CODE: 543390 Sub.: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we wish to inform you that M&A and Investment Committee of the Board of the Company at its meeting held today i.e. Tuesday, June 30, 2026, inter-alia, considered and approved the following business(es): (i) Authorisation to invest funds aggregating upto INR 20,00,00,000/- (Rupees Twenty Crore Only) in the form of capital into PB Pay Private Limited, a wholly owned subsidiary of the Company, in one or more tranches. (ii) Approval for Incorporation of a step-down subsidiary in Dubai, United Arab Emirates (UAE) as a wholly owned subsidiary of PB Fintech FZ LLC (being the Company’s overseas wholly owned subsidiary in Dubai, UAE), under the name and style of “Policybazaar Financial Advisors (DIFC) LLC” or such other name as may be approved by the relevant authorities, within the Dubai International Financial Centre (DIFC). (iii) Approval for Incorporation of a step-down subsidiary in Dubai, United Arab Emirates (UAE) as a wholly owned subsidiary of PB Fintech FZ LLC (being the Company’s overseas wholly owned subsidiary in Dubai, UAE), under the name and style of “PB Re Brokers (DIFC) LLC” or such other name as may be approved by the relevant authorities, within the Dubai International Financial Centre (DIFC). The detailed disclosures in compliance with Regulation 30 read with Schedule III of the SEBI Listing Regulations and SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 with respect to item no. i to iii are enclosed as Annexure A, Annexure B and Annexure C respectively. The abovesaid disclosure will also be hosted on the website of the Company at www.pbfintech.in. You are requested to kindly take the same in your records. Thanking you Yours Sincerely For PB Fintech Limited Bhasker Joshi Company Secretary and Compliance Officer Encl.: A/a Annexure A SL Particulars Details a) Name of the target entity, details in brief Name: PB Pay Private Limited (“PB Pay”) such as size, turnover etc.; Registered Office Address: Plot No. 119, Sector-44 Gurgaon-122001 (Haryana) Authorised Capital: ₹50,00,00,000 (Rupees Fifty Crores Only) Paid up Capital: ₹37,00,00,000 /- (Rupees Thirty Seven Crores Only) Turnover (31.03.2026): Nil, as the Company had not commenced its business operations as on March 31, 2026 b) Whether the acquisition would fall within The Company currently holds 100% stake in PB Pay, related party transaction(s) and whether the accordingly, it is a wholly owned subsidiary of the promoter/ promoter group/ group Company in accordance with the Companies Act, 2013 and companies have any interest in the entity hence falls in the category of a related party. being acquired? If yes, nature of interest and details thereof and whether the same is Further, PB Fintech Limited is a professionally managed done at “arm’s length”; company with no identifiable Promoter, hence, promoter/ promoter group interest is not involved. The transaction is done at Arm’s Length basis. c) Industry to which the entity being acquired Online Payment Aggregation belongs; d) Objects and impact of acquisition The capital is being infused to support business expansion (including but not limited to, disclosure of and/or to meet the capital adequacy/net worth criteria reasons for acquisition of target entity, if its mandated by the Reserve Bank of India (RBI) for operating business is outside the main line of business as a Payment Aggregator. of the listed entity); e) Brief details of any governmental or Not Applicable. regulatory approvals required for the acquisition; All the necessary approvals shall be taken by PB Pay as and when required. f) indicative time period for completion of the The company will infuse the funds in the form of capital in acquisition; PB Pay as approved by the M&A and Investment Committee of the Board of the Company, in one or more tranches. g) consideration - whether cash consideration Cash Consideration or share swap or any other form and details of the same; h) cost of acquisition and/or the price at which Investment of upto Rs. 20,00,00,000/- (Rupees Twenty the shares are acquired; Crore Only) in one or more tranches, by subscribing to the equity shares of Rs. 10/- (Rupees Ten Only) each of PB Pay. i) percentage of shareholding / control The equity shares of Rs. 10/- each of PB Pay will be issued acquired and / or number of shares to PB Fintech Limited against the investment made. The acquired; percentage of shareholding will remain unchanged at 100% since it is a WOS. j) brief background about the entity acquired Brief background: PB Pay Private Limited was in terms of products/line of business incorporated on April 09, 2024 to carry on the business of acquired, date of incorporation, history of online payment aggregation. last 3 years turnover, country in which the acquired entity has presence and any other The Reserve Bank of India (RBI) has granted an In- significant information (in brief); Principle authorisation to PB Pay to operate as an Online Payment Aggregator under the Payment and Settlement Systems Act, 2007 vide its letter no. CO. DPSS.AUTH.No. S48/02.27.004/2025-26 dated April 15, 2025. Further, the Reserve Bank of India vide letter no. CO.DPSS.AUTH.No.S1207/02.27.004/2025-26 dated February 06, 2026, had granted Certificate of Authorisation No. 290 /2026 to PB Pay to commence / carry on the business of payment aggregator w.e.f. February 06, 2026 Date of incorporation: April 09, 2024 History of last 3 years turnover: Not applicable, as the Company has not commenced its business operations. Country: India Annexure B SL Particulars Details (i) name of the entity, date & country of Name of the proposed entity: “Policybazaar Financial incorporation, etc.; Advisors (DIFC) LLC” or such other name as may be approved by the relevant authorities, within the Dubai International Financial Centre (DIFC). Date: Yet to be incorporated Country of Incorporation: Dubai, United Arab Emirates (UAE) (ii) name of holding company of the The proposed entity would be a wholly owned subsidiary incorporated company and relation with the (WOS) of PB Fintech FZ LLC and a step-down subsidiary listed entity; of the PB Fintech Limited. (iii) industry to which the entity being Long-term insurance products incorporated belongs; (iv) brief background about the entity The proposed entity will seek a Category 4 licence from the incorporated in terms of products / line of Dubai Financial Services Authority (DFSA) to carry out the business; regulated activities of 'Advising on Financial Products' and 'Arranging Deals in Investments' specifically in respect of Long-Term Insurance Contracts within and from the Dubai International Financial Centre (DIFC). (v) brief details of any governmental or All the necessary approvals shall be taken by the proposed regulatory approvals required for the entity as and when required. incorporation; (vi) nature of consideration - whether cash Cash Consideration. consideration or share swap and details of the same; (vii) cost of subscription / price at which the Investment of upto AED 1.5 Million (approx. ₹ 4 Crore) by shares are subscribed; PB Fintech FZ LLC in the share capital of the proposed entity. (viii) percentage of shareholding / control by the 100% shareholding of the proposed entity will be held by listed entity and / or number of shares PB Fintech FZ LLC, a wholly owned subsidiary of P [Showing first 8,000 characters — download PDF for full document]