BEAMSTART Logo
Receive $25,000 in member benefits

SES Raises Concerns Over PB Fintech’s Merger & ESOP Deal

Inc42 LogoInc426d ago

SES Raises Concerns Over PB Fintech’s Merger & ESOP Deal - Inc42

Quick Summary:

Proxy advisory company Stakeholders Empowerment Services (SES) has raised concerns over Policybazaar’s parent PB Fintech’s merger and ESOP deals.

Following this, PB Fintech filed a withdrawal application with the National Company Law Tribunal.

However, in less than a year, its share price has tanked more than half and the fintech startup along with other new-age companies have wiped out investors’ wealth from the capital market.


More Pictures

SES Raises Concerns Over PB Fintech’s Merger & ESOP Deal - Inc42 (Picture 1)

or

Article Details

Author / Journalist: Jaspreet Kaur

Category: Startups

Topics: B2B-B2C News

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-23, 10:56:20

News Timezone: GMT +5:00

News Source URL: inc42.com

Language: English

Reading Time: 3 minutes read

Article Length: 523 words

Coverage Area: India

Availability: Desktop Web, Mobile Web

News ID: 492495

View Article Analysis

About Inc42

Inc42 Logo

Main Topics: Startups

Official Website: inc42.com

Update Frequency: 16 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 10h ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #52

Publisher Details

BEAMSTART brings you the latest news, jobs, and events from all around the world on startups, technology, and business. Stay updated with industry news, plug-in to exciting events, and discover incredible career opportunities with the world's most innovative companies.

© Copyright 2022 BEAMSTART. All Rights Reserved.