PB Fintech Share Price Falls Over 3%: Approves Acquisition of Remaining 20% Stake in MyLoancare

PB Fintech has cleared three proposals involving its subsidiaries, with the total amount across the transactions reaching up to ₹16 crore, as per the exchange filing. The biggest part of the proposed investment is a ₹10 crore capital infusion into PB Wheels. 

The company has also approved the purchase of the remaining 20% stake in MyLoancare Ventures, which would take its ownership of the business to 100%. 

₹5 Crore Deal for MyLoancare 

PB Fintech plans to buy the remaining 20% equity in MyLoancare for an estimated cash consideration of up to ₹5 crore. The company currently holds the majority stake. 

Once completed, MyLoancare will become a wholly owned subsidiary of PB Fintech. The final value will be based on a valuation as of September 30, 2026. 

PB Wheels Gets ₹10 Crore Capital 

PB Fintech has authorised an investment of up to ₹10 crore in PB Wheels Private Limited in one or more tranches. 

PB Wheels operates in digital car care and vehicle management, with services that include motor vehicle claims and related assistance. It recorded revenue of ₹2.30 crore in FY2025-26. 

The proposed capital will be used for working capital and general operating expenses. 

₹1 Crore for PB Financial Account Aggregator 

Another ₹1 crore has been set aside for PB Financial Account Aggregators Private Limited (PBFAA), also through one or more capital infusions. 

PBFAA was incorporated in February 2022 to operate as an Account Aggregator. Its revenue from operations stood at ₹12.79 lakh in FY2025-26, compared with ₹24.69 lakh a year earlier. 

The company said the funds will support general expenses and its capital and net worth requirements. 

MyLoancare Business Details 

MyLoancare, incorporated in October 2013, operates in digital lending technology, retail loan aggregation and financial product distribution. Its turnover was ₹82 lakh in FY2025-26, against ₹70 lakh in FY2024-25. 

PB Fintech expects the MyLoancare transaction to be completed by March 31, 2027. 

Read More: Exide Industries Share Price Surges After Signing Strategic Cooperation Agreement with ExCom! 

PB Fintech Share Price Performance  

As of 17 September 2026, at 11:43 AM, PB Fintech Ltd share price was trading at ₹1,763.90 per share, reflecting a decline of 3.46% from the previous trading session. 

Conclusion 

PB Fintech’s latest decisions cover ownership consolidation at MyLoancare and fresh capital for PB Wheels and PBFAA. Together, the three proposals involve investments and acquisition consideration of up to ₹16 crore.   

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