PB Fintech Ltd

Integrated Filing — Corporate Governance (NSE XBRL)

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Filing Summary

Company
PB Fintech Limited
Symbol
POLICYBZR
Quarter Ended
31-Mar-2026
Submission
New

General Disclosures

Advertisements As Per Regulation471
Yes
Annual Return As Provided Under Section92Of The Companies Act2013
Yes
Approval For Material Related Party Transactions
Yes
Approval Of The Board And Shareholders For Compensation Or Profit Sharing
Yes
Audio Or Video Recordings And Transcripts Of Post Earinings Or Quarterly Calls
Yes
Board Composition
Yes
Code Of Conduct
Yes
Compliance Certificate
Yes
Compliance With Sub Regulation3Of Regulation46With Respect To Accuracy Of Disclosures On The Website And Timely Updation
Yes
Confirmation That The Disclosures Are In A Separate Section As Specified In Sub Regulation2Of Regulation46
Yes
Credit Rating Or Revision In Credit Rating Obtained
Not Applicable
Date Of End Of Financial Year
31-Mar-2026
Date Of End Of Reporting Period
31-Mar-2026
Date Of Signing
30-Apr-2026
Date Of Start Of Financial Year
01-Apr-2025
Designation Of Person
Company Secretary and Compliance Officer
Designation Of Person Affirmations
Company Secretary and Compliance Officer
Designation Of Person For Annual Affirmations
Company Secretary and Compliance Officer
Designation Of Person For Quartely Affirmations
Company Secretary and Compliance Officer
Details Of Agreements Entered Into With The Media Companies And Or Their Associates
Not Applicable
Details Of Business
Yes
Details Of Establishment Of Vigil Mechanism Or Whistle Blower Policy
Yes
Disclosure Of Contact Details Of KMP Who Are Authorized For The Purpose Of Determining Materiality Under Sub Regulation5Of Regulation30
Yes
Disclosure Of Related Party Transactions On Consolidated Basis
Yes
Disclosure Web Link Of Annual Return As Provided Under Section92Of The Companies Act2013Is Placed
https://www.pbfintech.in/investor-relations/annual-return/
Disclosure Web Link Of Audio Or Video Recordings And Transcripts Of Post Earinings Or Quarterly Calls Is Placed
https://www.pbfintech.in/investor-relations/earnings-call/
Disclosure Web Link Of Company At Advertisements As Per Regulation471Is Placed
https://www.pbfintech.in/investor relations/regulation30/
Disclosure Web Link Of Company At Dividend Distribution Policy As Per Regulation43A1Is Placed
https://www.pbfintech.in/pdf/Dividend-Distribution-Policy.pdf
Disclosure Web Link Of Company At Materiality Policy As Per Sub Regulation4Regulation30Is Placed
https://www.pbfintech.in/pdf/policy-on-determination-of-materiality-of-disclosure-pb-new.pdf?v=2
Disclosure Web Link Of Company At Separate Audited Financial Statements Of Each Subsidiary Of The Listed Entity Is Placed
https://www.pbfintech.in/investor-relations/financial-results/
Disclosure Web Link Of Company At Which Details Of Business Is Placed
https://www.pbfintech.in/#about
Disclosure Web Link Of Company At Which Details Of Establishment Of Vigil Mechanism Or Whistle Blower Policy Is Placed
https://www.pbfintech.in/pdf/whistle-blower-policy-pbfintech.pdf
Disclosure Web Link Of Company At Which Financial Results Is Placed
https://www.pbfintech.in/investor-relations/financial-results/
Disclosure Web Link Of Company At Which Policy For Determining Material Subsidiaries Is Placed
https://www.pbfintech.in/pdf/Policy-for-Determining-Material-Subsidiaries.pdf
Disclosure Web Link Of Company At Which Policy On Dealing With Related Party Transactions Is Placed
https://www.pbfintech.in/pdf/Policy-on-Related-Party-transactions-and-its-Materiality.pdf?v=2
Disclosure Web Link Of Company At Which Shareholding Pattern Is Placed
https://www.pbfintech.in/investor relations/quarterly-updates/
Disclosure Web Link Of Compliance With Sub Regulation3Of Regulation46With Respect To Accuracy Of Disclosures On The Website And Timely Updation Is Placed
https://www.pbfintech.in/#investor-relation
Disclosure Web Link Of Confirmation That The Disclosures Are In A Separate Section As Specified In Sub Regulation2Of Regulation46Is Placed
https://www.pbfintech.in/#investor-relation
Disclosure Web Link Of Disclosure Of Contact Details Of KMP Who Are Authorized For The Purpose Of Determining Materiality Under Sub Regulation5Of Regulation30Is Placed
https://www.pbfintech.in/pdf/policy-on-determination-of-materiality-of-disclosure-pb-new.pdf?v=2
Disclosure Web Link Of Disclosures Under Sub Regulation8Of Regulation30Is Placed
https://www.pbfintech.in/investor-relations/
Disclosure Web Link Of Employee Benefit Scheme Documents Framed In Terms Of SEBI Share Based Employee Benefits And Sweat Equity Regulations2021Is Placed
https://www.pbfintech.in/investor-relations/esop-schemes/
Disclosure Web Link Of Memorandum Of Association And Articles Of Association Is Placed
https://www.pbfintech.in/pdf/01-PB-Fintech-MOA-AOA.pdf
Disclosure Web Link Of Schedule Of Analyst Or Institutional Investor Meet And Presentation Prepared By Listed Entity For Analyst Or Institutional Investor Meet Is Placed
https://www.pbfintech.in/investor-relations/earnings-call/
Disclosure Web Link Of Secretarial Compliance Report Is Placed
https://www.pbfintech.in/investor-relations/annual-disclosures/
Disclosure Web Link Of Statements Of Deviations Or Variations As Specified In Regulation32Is Placed
https://www.pbfintech.in/investor-relations/quarterly-updates/
Disclosures Under Sub Regulation8Of Regulation30
Yes
Dividend Distribution Policy As Per Regulation43A1
Yes
Employee Benefit Scheme Documents Framed In Terms Of SEBI Share Based Employee Benefits And Sweat Equity Regulations2021
Yes
Fees Or Compensation
Yes
Financial Results
Yes
Is SCORESID Available
Yes
ISIN
INE417T01026
Market Capitalisation As Per Immediate Previous Financial Year
Top 500 listed entities
Materiality Policy As Per Sub Regulation4Regulation30
Yes
Memorandum Of Association And Articles Of Association
Yes
Minimum Information
Yes
MSEI Symbol
NOTLISTED
Name Of Signatory
Bhasker Joshi
Name Of Signatory Affirmations
Bhasker Joshi
Name Of Signatory For Annual Affirmations
Bhasker Joshi
Name Of Signatory For Quartely Affirmations
Bhasker Joshi
Name Of The Company
PB FINTECH LIMITED
New Name And The Old Name Of The Listed Entity
Not Applicable
Other Corporate Governance Requirements With Respect To Subsidiary Of Listed Entity
Yes
Place
Gurugram
Plans For Orderly Succession For Appointments
Yes
Policy For Determining Material Subsidiaries
Yes
Policy For Related Party Transaction
Yes
Policy On Dealing With Related Party Transactions
Yes
Reason For Part F Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Loans Or Guarantees Or Comfort Letters Or Securities Etc Is Not Applicable To The Entity
Not applicable as the Company has given/provided intercompany loans/Comfort letters to/for its subsidiary companies whose accounts are consolidated with the Company which are specifically excluded and/or are not required to be disclosed as per the note given in the Part F of SEBI Circular dated December 31, 2024.
Recommendation Of Board
Yes
Reporting Quarter
Yearly
Review Of Compliance Reports
Yes
Risk Assessment And Management
Yes
Schedule Of Analyst Or Institutional Investor Meet And Presentation Prepared By Listed Entity For Analyst Or Institutional Investor Meet
Yes
SCORES Registration ID
COMP00857
Scrip Code
543390
Secretarial Compliance Report
Yes
Separate Audited Financial Statements Of Each Subsidiary Of The Listed Entity
Yes
Shareholding Pattern
Yes
Statements Of Deviations Or Variations As Specified In Regulation32
Yes
Symbol
POLICYBZR
The Listed Entity Has Approved Material Subsidiary Policy And The Corporate Governance Requirements With Respect To Subsidiary Of Listed Entity Have Been Complied
Yes
Type Of Company
Equity
Type Of Submission
Original
Vacancies In Respect Key Managerial Personnel
Yes
Vigil Mechanism
Yes
Whether As Per Sub Regulation2ba Of Regulation27Of SEBILODR There Has Been Cyber Security Incidents During The Quarter
No
Whether Part A Of Annexure I Of The SEBI Circular Dated31December2024Related To Compliance Report On Corporate Governance Is Applicable To The Entity
Yes
Whether Part F Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Loans Or Guarantees Or Comfort Letters Or Securities Etc Is Applicable To The Entity
No

Additional Disclosures

Entry D_MeetingBOD1
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingBOD2
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit1
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit2
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit3
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit4
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit5
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit6
Whether Requirement Of Quorum Met
Yes
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Board Composition — Entity Disclosures

The Composition Of Board Of Directors Is In Terms Of Sebi Regulations2015
Yes
Chairperson Related to MD / CEO
Yes
Regular Chairperson
Yes

Composition of Board of Directors

SrTitleDirectorPANDINCategory 1Category 2Category 3Date of BirthDisqualifiedStatusSpecial ResolutionInitial AppointmentRe-appointmentTenure (months)Listed DirectorshipsIndependent DirectorshipsAudit / Stakeholder MembershipsAudit / Stakeholder Chair Posts
1MrYashish Dahiya******00706336Executive DirectorChairpersonCEO16-Sep-1972NoActiveNot Applicable10-Jun-200805-Jul-20212120
2MrAlok Bansal******01653526Executive DirectorNot Applicable29-Dec-1975NoActiveNot Applicable04-Jun-200828-Jun-20211020
3MrSarbvir Singh******00509959Executive DirectorNot ApplicableCEO17-Sep-1971NoActiveNot Applicable05-Jun-202026-Aug-20231000
4MrKaushik Dutta******03328890Non-Executive - Independent DirectorNot Applicable01-May-1962NoActiveNot Applicable19-Jun-202119-Jun-202157.115584
5MrNilesh Bhaskar Sathe******02372576Non-Executive - Independent DirectorNot Applicable01-May-1957NoActiveNot Applicable19-Jun-202119-Jun-202157.111140
6MrsVeena Vikas Mankar******00004168Non-Executive - Independent DirectorNot Applicable24-Jan-1953NoActiveNot Applicable19-Jun-202119-Jun-202157.113252
7MrDhruv Shringi******00334986Non-Executive - Independent DirectorNot Applicable14-Jul-1973NoActiveNot Applicable06-Aug-202406-Aug-202419.242100
8MsKitty Agarwal******07624308Non-Executive - Nominee DirectorNot Applicable21-Jun-1988NoActiveNot Applicable07-Feb-201807-Feb-20181021
9MsLilian Jessie Paul******02864506Non-Executive - Independent DirectorNot Applicable02-May-1970NoActiveNot Applicable19-Jun-202119-Jun-202157.113351

Committee Disclosures

Entry CompComit122
Date of Appointment
21-Jun-2018
Entry CompComit123
Date of Appointment
28-Jun-2021
Entry CompComit124
Date of Appointment
17-Oct-2024
Entry CompComit14
Date of Appointment
28-Jun-2021
Entry CompComit15
Date of Appointment
17-Oct-2024
Entry CompComit16
Date of Appointment
17-Oct-2024
Entry CompComit41
Date of Appointment
28-Jun-2021
Entry CompComit42
Date of Appointment
28-Jun-2021
Entry CompComit43
Date of Appointment
28-Jun-2021
Entry CompComit68
Date of Appointment
26-Jul-2021
Entry CompComit69
Date of Appointment
28-Jun-2021
Entry CompComit70
Date of Appointment
28-Jun-2021
Entry CompComit71
Date of Appointment
28-Jun-2021
Entry CompComit95
Date of Appointment
26-Jul-2021
Entry CompComit96
Date of Appointment
26-Jul-2021
Entry CompComit97
Date of Appointment
17-Oct-2024
Entry MainD
Composition And Role Of Risk Management Committee
Yes
Composition Of Audit Committee
Yes
Composition Of Nomination And Remuneration Committee
Yes
Composition Of Stakeholder Relationship Committee
Yes
Composition Of Various Committees Of Board Of Directors
Yes
Disclosure Web Link Of Company At Which Composition Of Various Committees Of Board Of Directors Is Placed
https://www.pbfintech.in/investor-relations/board-members-and-committees/
Memberships In Committees
Yes
Prior Or Omnibus Approval Of Audit Committee For All Related Party Transactions
Yes
Risk Management Committee
Yes
Role Of Audit Committee And Information To Be Reviewed By The Audit Committee
Yes
Role Of Nomination And Remuneration Committee
Yes
Role Of Stakeholders Relationship Committee
Yes
The Committee Members Have Been Made Aware Of Their Powers Role And Responsibilities As Specified In Sebi Regulations2015
Yes
The Composition Of Audit Committee Is In Terms Of Sebi Regulations2015
Yes
The Composition Of The Nomination And Remuneration Committee Is In Terms Of Sebi Regulations2015
Yes
The Composition Of The Risk Management Committee Is In Terms Of Sebi Regulations2015
Yes
The Composition Of The Stakeholders Relationship Committee Committee Is In Terms Of Sebi Regulations2015
Yes
Whether The Audit Committee Has A Regular Chairperson
Yes
Whether The Corporate Social Responsibility Committee Has A Regular Chairperson
Yes
Whether The Nomination And Remuneration Committee Has A Regular Chairperson
Yes
Whether The Risk Management Committee Has A Regular Chairperson
Yes
Whether The Stakeholders Relationship Committee Has A Regular Chairperson
Yes

Audit Committee

Additional Position
Chairperson
Director DIN
03328890
Member Name
Kaushik Dutta
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
02372576
Member Name
Nilesh Bhaskar Sathe
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
07624308
Member Name
Kitty Agarwal
Position
Non-Executive - Nominee Director

Audit Committee

Audit Committee

Corporate Social Responsibility Committee

Additional Position
Chairperson
Director DIN
00706336
Member Name
Yashish Dahiya
Position
Executive Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
02864506
Member Name
Lilian Jessie Paul
Position
Non-Executive - Independent Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
01653526
Member Name
Alok Bansal
Position
Executive Director

Nomination and remuneration committee

Additional Position
Chairperson
Director DIN
00004168
Member Name
Veena Vikas Mankar
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
02372576
Member Name
Nilesh Bhaskar Sathe
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
07624308
Member Name
Kitty Agarwal
Position
Non-Executive - Nominee Director

Nomination and remuneration committee

Risk Management Committee

Additional Position
Chairperson
Director DIN
00706336
Member Name
Yashish Dahiya
Position
Executive Director

Risk Management Committee

Additional Position
Member
Director DIN
01653526
Member Name
Alok Bansal
Position
Executive Director

Risk Management Committee

Additional Position
Member
Director DIN
00334986
Member Name
Dhruv Shringi
Position
Non-Executive - Independent Director

Risk Management Committee

Risk Management Committee

Stakeholders Relationship Committee

Additional Position
Chairperson
Director DIN
07624308
Member Name
Kitty Agarwal
Position
Non-Executive - Nominee Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
02372576
Member Name
Nilesh Bhaskar Sathe
Position
Non-Executive - Independent Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
02864506
Member Name
Lilian Jessie Paul
Position
Non-Executive - Independent Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
01653526
Member Name
Alok Bansal
Position
Executive Director

Stakeholders Relationship Committee

Entry MainD
Gap Between The Meetings Of The Risk Management Committee
Yes
Meeting Of Audit Committee
Yes
Meeting Of Board Of Directors
Yes
Meeting Of Independent Directors
Yes
Meeting Of Nomination And Remuneration Committee
Yes
Meeting Of Risk Management Committee
Yes
Meeting Of Stakeholders Relationship Committee
Yes
Quorum Of Board Meeting
Yes
Quorum Of Nomination And Remuneration Committee Meeting
Yes
Quorum Of Risk Management Committeemeeting
Yes
The Meetings Of The Board Of Directors And The Above Committees Have Been Conducted In The Manner As Specified In Sebi Regulations2015
Yes
Entry MeetingBOD1
Dates Of Meeting In The Previous Quarter
29-Oct-2025
Number Of Directors Present In Meeting Of Board Of Directors
9
Number Of Independent Directors Attending The Meeting
5
Total Number Of Directors As On Date Of The Meeting
9
Entry MeetingBOD2
Dates Of Meeting If Any In The Relevant Quarter
02-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
95
Number Of Directors Present In Meeting Of Board Of Directors
9
Number Of Independent Directors Attending The Meeting
5
Total Number Of Directors As On Date Of The Meeting
9
Entry MeetingComit1
Dates Of Meeting Of The Committee In The Previous Quarter
29-Oct-2025
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
3
Number Of Independent Director Attending Meeting Of Committee
2
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
3
Entry MeetingComit2
Dates Of Meeting Of The Committee In The Relevant Quarter
02-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
95
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
3
Number Of Independent Director Attending Meeting Of Committee
2
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
3
Entry MeetingComit3
Dates Of Meeting Of The Committee In The Previous Quarter
02-Dec-2025
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
3
Number Of Independent Director Attending Meeting Of Committee
2
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
3
Entry MeetingComit4
Dates Of Meeting Of The Committee In The Previous Quarter
15-Oct-2025
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
2
Number Of Independent Director Attending Meeting Of Committee
1
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
3
Entry MeetingComit5
Dates Of Meeting Of The Committee In The Relevant Quarter
13-Jan-2026
Maximum Gap Between Any Two Consecutive Meetings
89
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
2
Number Of Independent Director Attending Meeting Of Committee
0
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
3
Entry MeetingComit6
Dates Of Meeting Of The Committee In The Relevant Quarter
02-Feb-2026
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
4
Number Of Independent Director Attending Meeting Of Committee
2
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
4
Entry MainD
Contact Information Of The Designated Officials Of The Listed Entity Who Are Responsible For Assisting And Handling Investor Grievances
Yes
Disclosure Web Link Of Company At Which Contact Information Of The Designated Officials Of The Listed Entity Who Are Responsible For Assisting And Handling Investor Grievances Is Placed
https://www.pbfintech.in/#contact-us
Disclosure Web Link Of Company At Which Email Address For Grievance Redressal And Other Relevant Details Is Placed
https://www.pbfintech.in/#contact-us
Email Address For Grievance Redressal And Other Relevant Details
Yes
No Of Investor Complaints Disposed Off During The Period
0
No Of Investor Complaints During The Period
0
No Of Investor Complaints Received During The Period
0
Whether Part B Of Annexure I Of The SEBI Circular Dated31December2024Related To Investor Grievance Redressal Report Is Applicable To The Entity
Yes
Entry MainI
No Of Investor Complaints
0
Entry PY_I
No Of Investor Complaints
0
Composition Of Board Of Directors Of Unlisted Material Subsidiary
Yes
Reason For Part C Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Acquisition Of Shares Or Voting Rights In Unlisted Companies Is Not Applicable To The Entity
During the quarter, the Company has not acquired shares or voting rights aggregating to five percent or more in any unlisted Company in terms of sub-para 1 of para A of Part A of Schedule III of SEBI (LODR) Regulations except as disclosed to the stock exchanges as announcement u/r 30 of the SEBI (LODR) Regulations.
Whether Part C Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Acquisition Of Shares Or Voting Rights In Unlisted Companies Is Applicable To The Entity
No
Entry I_OngoingTaxLitigationsOrDisputes1
Current Status
● In the hearing held on March 30, 2026, the Court has adjourned the matter to Aug 04, 2026.
Date of Initiation
31-Mar-2021
Opposing Party
National Faceless Assessment Centre and ACIT, Circle 3(1) , Gurgaon
Status (Previous Disclosure)
● The company received the notice u/s 148 of the Act dated March 31, 2021 for AY 2015-16 for reopening of the assessment proceedings. ● The company had filed a Writ petition before the Punjab and Haryana High Court against initiation of proceedings u/s 148. In the hearing held on July 15 2024 , the Court has adjourned the matter till November 04, 2024. In the hearing held on 04th November 2024 , the Court has adjourned the matter till January 15, 2025. In the hearing held on 15th January 2025, the department has further sought adjournment and case is adjourned to April 21, 2025. In the hearing held on April 21, 2025, the Court has adjourned the matter till August 27, 2025.In the hearing held on August 27, 2025 , the Court has adjourned the matter to December 03, 2025. ● In the hearing held on December 03, 2025, the Court has adjourned the matter to March 30, 2026.
Entry I_OngoingTaxLitigationsOrDisputes10
Current Status
● In the hearing held on Jan 21, 2026, the AA directed IO to provide certain clarification/ documents on or before Feb 01, 2026 and directed the company to furnish rebuttal by Feb 08, 2026 and the matter was adjourned to Feb 19, 2026. In response to which IO filed its submission on Feb 12, 2026 and company filed the rebuttal on Feb 17, 2026. ● Subsequently, the company received an order on March 26, 2026 u/s 26(3) of PBPT Act dated March 24, 2026, wherein the AA confirm the Provisional attachment order passed by IO u/s 24(4) dated Feb 27, 2025. The company shall file an appeal against the AA order before the appellate tribunal.
Date of Initiation
12-Sep-2024
Opposing Party
DCIT/ACIT BPU-2, Delhi for Proceedings under Section 19 of Prohibition of Benami Property Transactions Act, 1988.
Status (Previous Disclosure)
● The company has received notice u/s 23 of Prohibition of Benami Property Transactions Act, 1988 dated September 12, 2024 and October 22, 2024 requisiting certain information. The company has duly complied with the notice on October 21, 2024 and November 5, 2024. ● Order u/s 24(4) to vendors with cc to the Company continuing the provisional attachment of the Benami Property i.e. Credits in the bank account of the vendors and alleging Paisabazaar as the beneficial owner. ● Notice u/s 26 of the act received where initiating officer has referred the matter to the Adjudicating Authority ("AA") seeking confirmation of the provisional attachment orders passed under section 24(4) of the PBPT Act. The company has filed its submissions with AA on July 03, 2025 against which Initiating officer ("IO") has filed the rejoinder on September 30, 2025. ● In the hearing held on October 08, 2025 , the AA has adjourned the matter to November 12, 2025. ● In the hearing held on November 12, 2025, the AA directed IO to provide certain clarification/ documents on or before November 25, 2025. ● In the hearing held on November 26, 2025, the AA requested certain documents to be submitted by company on or before December 19, 2025. ● In the hearing held on December 19, 2025, the company has duly submitted the required information and documents. Counsel of IO seeks some more time and hence the matter is now adjourned to January 21, 2026.
Entry I_OngoingTaxLitigationsOrDisputes11
Current Status
● The company received another notice u/s 250 of Act dated Jan 19, 2026 for filing ground wise written submission on or before Feb 04, 2026. In response to which the company has duly filed its detailed submission on the due date.
Date of Initiation
31-Mar-2025
Opposing Party
ACIT, Central Circle 3, Delhi
Status (Previous Disclosure)
● Order u/s 143(3) has been passed on March 31, 2025 with an addition of INR 85.60 cr u/s 37 of the act on the allegation of non-genuine purchases from non-genuine/non-existent entities. ● The company has duly filed an appeal against the said order on April 21, 2025. ● The company received the notice u/s 250 dated December 04, 2025 for filing ground wise written submission due for complaince on December 11, 2025. In response to which the company has requested for adjournment vide adjournment letter filed on December 11, 2025. ● Further, the company received the notice u/s 250 dated December 30, 2025 for filing ground wise written submission due for compliance on January 05, 2026. In response to which the company has duly filed its response and appeared before the CIT(A) on January 05, 2026 wherein the company has submitted certain details and sought an adjournment for submitting the detailed written submission.
Entry I_OngoingTaxLitigationsOrDisputes12
Current Status
● The company received another notice u/s 250 of Act dated Jan 19, 2026 for filing ground wise written submission on or before Feb 04, 2026. In response to which the company has duly filed its detailed submission on the due date.
Date of Initiation
17-Apr-2025
Opposing Party
ACIT, Central Circle 3, Delhi
Status (Previous Disclosure)
● Order u/s 147 has been passed on April 17, 2025 with an addition of INR 60.31 cr u/s 37 of the act on the allegation of non-genuine purchases from non-genuine/non-existent entities. ● The company has duly filed an appeal against the said order on May 14, 2025. ● The company received the notice u/s 250 dated December 04, 2025 for filing ground wise written submission due for complaince on December 11, 2025. In response to which the company has requested for adjournment vide adjournment letter filed on December 11, 2025. ● Further, the company received the notice u/s 250 dated December 30, 2025 for filing ground wise written submission due for compliance on January 05, 2026. In response to which the company has duly filed its response and appeared before the CIT(A) on January 05, 2026 wherein the company has submitted certain details and sought an adjournment for submitting the detailed written submission.
Entry I_OngoingTaxLitigationsOrDisputes13
Current Status
Status quo.
Date of Initiation
14-Mar-2023
Opposing Party
Appellate Authority (Joint Commissioner of State Tax, Gurugram)
Status (Previous Disclosure)
An appeal filed on 29/03/2024 against demand of Rs. 27,67,081/- . The department has accepted the company's appeal on 22-03-2025.
Entry I_OngoingTaxLitigationsOrDisputes14
Current Status
Status quo.
Date of Initiation
09-Jan-2025
Opposing Party
DGGI, Gurugram
Status (Previous Disclosure)
Summon u/s 70 was received to submit certain details. The company has submitted its reply dated 06.02.2025 and no further communication from the department till date.
Entry I_OngoingTaxLitigationsOrDisputes2
Current Status
Status Quo from the last update.
Date of Initiation
23-Jun-2025
Opposing Party
Central Circle, Delhi
Status (Previous Disclosure)
● The order dated 23 June 2025 u/s 148A(3) of the Act for AY 2019-20 has been passed for reopening of the assessment proceedings. Notice for reassessment proceedings has been issued under Section 148 of the Act. ● The company had filed a Writ petition before the Delhi High Court. The matter was listed for hearing on September 26, 2025 wherein the Court heard the contentions of the company. The matter was listed on October 09, 2025 wherein the department has sought for adjournment to file its counter reply. Next date of hearing is November 10, 2025. ● Further, as the writ proceedings is ongoing in Delhi High Court, the company in compliance to notice u/s 148 has filed the return of income under protest for AY 2019-20 on September 26, 2025. ● In the hearing held on November 10, 2025 the department has sought for adjournment. The Court has adjourned the matter to May 14, 2026.
Entry I_OngoingTaxLitigationsOrDisputes3
Current Status
● The CPC, on Jan 30, 2026, had inadvertently adjust the refund of AY 2024-25 against the penalty demand including interest of AY 2016-17. ● The company has filed a rectification application to the AO dated March 31, 2026, requesting for order giving effect to the CIT(A) order.
Date of Initiation
29-Mar-2024
Opposing Party
ACIT (AO) Circle 1(1), Gurgaon
Status (Previous Disclosure)
● The penalty order is passed on March 29, 2024 raising the demand of Rs. 16.69 Cr rejecting the contentions of the company. Ld. Assessing Officer ("AO") has levied penalty stating that the company has furnished inaccurate particulars of income. ● The company has received the order giving effect (OGE) dated 03 July 2025 and consequentially the penalty notice and order shall be dropped. Subsequent to quarter ended, application dated October 10, 2025 has been filed with CIT(A) for withdrawal of CIT(A) filed against the penalty order. ● The order u/s 250 has been passed dated November 11, 2025, dismissing the appeal as having been withdrawn.
Entry I_OngoingTaxLitigationsOrDisputes4
Current Status
● The company has duly filed its detailed submission on January 23, 2026 in response to CIT(A) notice.
Date of Initiation
20-Nov-2023
Opposing Party
DCIT TDS Circle, Gurgaon
Status (Previous Disclosure)
● An order was passed on November 20, 2023, raising a demand for differential TDS liability for FY 2016-17. ● The company has duly filed an appeal against the said order on December 12, 2023. ● Further CIT(Appeal) notice received under section 250 for making necessary submission on or before April 23, 2025. All the written submission alongwith annexures filed on April 22, 2025 in this regard. ● The company has received notice under section 250 dated January 08, 2026 for making necessary submission on or before January 23, 2026.
Entry I_OngoingTaxLitigationsOrDisputes5
Current Status
● The company has duly filed its detailed submission on January 23, 2026 in response to CIT(A) notice.
Date of Initiation
20-Nov-2023
Opposing Party
DCIT TDS Circle, Gurgaon
Status (Previous Disclosure)
● An order was passed on November 20, 2023, raising a demand for differential TDS liability for FY 2017-18. ● The company has duly filed an appeal against the said order on December 20, 2023. ● Further CIT(Appeal) notice received under section 250 for making necessary submission on or before April 23, 2025. All the written submission alongwith annexures filed on April 22, 2025 in this regard. ● The company has received notice under section 250 dated January 08, 2026 for making necessary submission on or before January 23, 2026.
Entry I_OngoingTaxLitigationsOrDisputes6
Current Status
Status quo from the last update
Date of Initiation
28-Jun-2025
Opposing Party
CIT 3(1), Gurgaon
Status (Previous Disclosure)
● The order u/s 148A(3) of the Income tax act, 1961 dated 28 June 2025 for AY 2021-22 has been passed pursuant to the show cause notice (‘SCN’) u/s 148A(1) for reopening of the assessment proceedings. Notice for reassessment proceedings has been issued under Section 148 of the Act. ● The company in compliance to notice u/s 148 has filed the return of income under protest for AY 2021-22 on September 26, 2025. Further, the company is evaluating the order and shall take necessary legal recourse. ● The company had filed a Writ petition before the P&H High Court on December 12, 2025. The matter was listed for hearing on December 16, 2025 wherein the court has adjourned the matter to December 22, 2025. ● In the hearing held on December 22, 2025 the court has passed the order in the favour of company and quash the impugned order and proceedings. ● The company vide letter dated December 30, 2025 initimated the hight court order to the Assessing Officer.
Entry I_OngoingTaxLitigationsOrDisputes7
Current Status
Status quo from the last update
Date of Initiation
28-Jun-2025
Opposing Party
CIT 3(1), Gurgaon
Status (Previous Disclosure)
● The order dated 28 June 2025 u/s 148A(3) of the Act for AY 2019-20 has been passed pursuant to the show cause notice (‘SCN’) u/s 148A(1) for reopening of the assessment proceedings. Notice for reassessment proceedings has been issued under Section 148 of the Act. ● The company in compliance to notice u/s 148 has filed the return of income under protest for AY 2019-20 on September 26, 2025. Further, the company is evaluating the order and shall take necessary legal recourse. ● The company had filed a Writ petition before the P&H High Court on December 12, 2025. The matter was listed on listed for hearing on December 16, 2025 wherein the court has adjourned the matter to December 22, 2025 ● In the hearing held on December 22, 2025 the court has passed the order in the favour of company and quash the impugned order and proceedings under section 148 of the Act. ● The company vide letter dated December 30, 2025 initimated the hight court order to the Assessing Officer.
Entry I_OngoingTaxLitigationsOrDisputes8
Current Status
Status quo
Date of Initiation
13-Jan-2025
Opposing Party
DGGI, Gurugram
Status (Previous Disclosure)
A Search was conducted on the company and the company had duly complied with the requirements of DGGI during the search proceedings. The company had furnished certain additional documents as required by DGGI on 16.01.2025 and a further submission was made on 22.05.2025.
Entry I_OngoingTaxLitigationsOrDisputes9
Current Status
Status quo
Date of Initiation
05-Sep-2022
Opposing Party
Appellate Authority (Joint Commissioner of State Tax, Gurugram)
Status (Previous Disclosure)
An appeal filed on 29/03/2024 against demand of Rs. 20,05,606/- . The department has accepted the company's appeal on 22-03-2025.
Entry MainD
Any Other Information For Disclosure Of Updates To Ongoing Tax Litigations Or Disputes Explanatory Text Block
Serial numbers 1 to 3 refer to PB Fintech Limited ('the Company' or 'Listed entity'). Details in serial numbers 4 to 9 pertain to Policybazaar Insurance Brokers Private Limited, and serial numbers 10 to 14 concern Paisabazaar Marketing and Consulting Private Limited. The latter two are wholly-owned subsidiaries of PB Fintech Limited.
Whether Part E Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Updates To Ongoing Tax Litigations Or Disputes Is Applicable To The Entity
Yes
Reason For Part D Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Imposition Of Fine Or Penalty Is Not Applicable To The Entity
During the quarter, no fine or penalty has been imposed on the Company of amount less than 1 Lakh or 10 Lakh as provided under sub-para 20 of Para A of Part A of Schedule III of SEBI Listing Regulations read with SEBI Circular dated December 31, 2024.
Whether Part D Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Imposition Of Fine Or Penalty Is Applicable To The Entity
No