The Income Tax officials visited Paisabazaar Marketing and Consulting Private Limited ("Paisabazaar"), a wholly owned subsidiary and PB Fintech Limited on 13th & 14th December, 2023 and enquired about certain vendors of Paisabazaar. The Company has provided information required by the IT Officials and shall continue to provide any further details/information that might be required by the department in future.
The business operations of Paisabazaar continue as usual and have not been impacted due to the survey proceedings.
Shares of PB Fintech Ltd was last trading in BSE at Rs. 789.45 as compared to the previous close of Rs. 808.10. The total number of shares traded during the day was 11483172 in over 3001 trades.
The stock hit an intraday high of Rs. 853.55 and intraday low of 781.00. The net turnover during the day was Rs. 9188223678.00.