General Updates

July 02, 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, In furtherance to our earlier communication dated June 30, 2026 and 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 out of the total approved amount of INR 20,00,00,000/- (Indian Rupees Twenty Crores Only), the Company has made an investment of INR 13,00,00,000/- (Indian Rupees Thirteen Crores Only) in the equity shares of PB Pay Private Limited, a wholly owned subsidiary of the Company. 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 is as under: 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 (before allotment): ₹37,00,00,000/- (Rupees Thirty Seven Crores Only) Paid up Capital (after allotment): ₹50,00,00,000/- (Rupees Fifty 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 has been 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 Out of the total approved amount of INR 20,00,00,000/- acquisition; (Indian Rupees Twenty Crores Only), the Company has infused an amount of INR 13,00,00,000/- (Indian Rupees Thirteen Crores Only) in the equity shares of PB Pay and will infuse the balance approved amount 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 INR 13,00,00,000/- (Indian Rupees Thirteen Crores Only) the shares are acquired; i) percentage of shareholding / control PB Pay will allot 1,30,00,000 equity shares of face value of acquired and / or number of shares Rs. 10/- each to PB Fintech Limited against the aforesaid acquired; investment. The percentage of shareholding will remain unchanged at 100% since it is a wholly owned subsidiary. 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 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