PB Fintech to acquire remaining 20% stake in MyLoancare
pre-market1 source ↓written by the desknot a recommendation
- in MyLoancare
- 20% stake
- ₹5 crore
- its holding
- 100%
- to close
- 31 Mar 2027
PB Fintech, parent of Policybazaar, received approval to acquire the remaining 20% stake in MyLoancare for up to ₹5 crore. This acquisition will increase its holding to 100%, making MyLoancare a wholly owned subsidiary. The deal is expected to close by 31 Mar 2027, pending valuation and approvals.
Not investment advice. For informational purposes only.