PB Fintech to acquire remaining 20% stake in MyLoancare, invests Rs 10 Cr in PB Wheels

•PB Fintech gets in-principle approval to acquire 20% stake in MyLoancare for up to Rs 5 crore.

•MyLoancare will become a wholly owned subsidiary after the acquisition, expected to close by March 31, 2027.

•PB Fintech invests Rs 10 crore in PB Wheels for working capital and operating expenses.

•PB Fintech reports 92% YoY profit jump to Rs 163 crore in Q1 FY27.