NCLT Approves Amalgamation Of Info Edge Subsidiary With PB Fintech

▤ Summary

NCLT approved the amalgamation of Info Edge subsidiary Makesense Technologies with PB Fintech. The approval simplifies Info Edge’s corporate structure and moves the remaining Makesense shares into direct PB Fintech ownership. The article also highlights Info Edge’s indirect stake in PB Fintech and the long delay since the scheme was first proposed in 2021. It additionally notes PB Fintech’s recent earnings growth and its separate healthcare expansion plans, along with Info Edge’s continued startup investment activity.

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