PB Fintech has received regulatory approval from Securities and Exchange Board of India (Sebi) for its wholly owned subsidiary, PB Marketing and Consulting Private Limited, to operate as a stockbroker in the debt segment of the National Stock Exchange (NSE).
With this approval, the subsidiary will be allowed to undertake stock broking activities in the debt market, subject to compliance with applicable regulatory norms, exchange rules and Sebi guidelines.
The company said the formal certificate of registration is awaited. The approval is valid effective May 08, 2026.
This comes just days after the company reported its quarterly results ending March. The company posted operating revenue of Rs 2,061 crore for the quarter, up 36% from Rs 1,507.8 crore a year earlier, driven primarily by growth in new insurance premium collections, the group’s core business.
Net profit rose 54% year-on-year to Rs 261 crore, compared with Rs 169 crore in the corresponding quarter last year.
With this approval, the subsidiary will be allowed to undertake stock broking activities in the debt market, subject to compliance with applicable regulatory norms, exchange rules and Sebi guidelines.
The company said the formal certificate of registration is awaited. The approval is valid effective May 08, 2026.
This comes just days after the company reported its quarterly results ending March. The company posted operating revenue of Rs 2,061 crore for the quarter, up 36% from Rs 1,507.8 crore a year earlier, driven primarily by growth in new insurance premium collections, the group’s core business.
Net profit rose 54% year-on-year to Rs 261 crore, compared with Rs 169 crore in the corresponding quarter last year.
