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PB Fintech divests 29.30% share capital in VHPL

17 May 2024 Evaluate

PB Fintech has divested 293,210 equity shares constituting 29.30% of the share capital of Visit Health (VHPL) held by Docprime Technologies (DTPL), a wholly owned subsidiary of the Company for Rs 76 crore. DTPL will continue to retain and hold a shareholding of 1,22,083 equity shares aggregating to 8.20% on a fully diluted basis in VHPL.

The Company has also divested entire (100%) shareholding constituting 4,50,000 equity shares of Rs. 10 each and 82,759 Compulsorily Convertible Preference Shares (CCPS) of Rs. 10 each of Visit Internet Services (VISPL) held by DTPL for Rs 2 crore.

PB Fintech is India's leading online platform for insurance and lending products. The company provides convenient access to insurance, credit, and other financial products and aims to create awareness in India about the financial impact of death, disease, and damage.

PB Fintech Share Price

1670.05 44.45 (2.73%)
23-Apr-2026 16:59 View Price Chart
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