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PB Fintech approves Rs 644 crore in stock options to employees
03 Dec 2025, 01:16 PMThe stock option grant was cleared by the company's Nomination and Remuneration Committee for distribution among eligible employees.
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PB Fintech, the parent company of PolicyBazaar, has approved a fresh allocation of employee stock options covering 35 lakh equity shares under its ESOP 2024 plan.
The stock option grant was cleared by the company's Nomination and Remuneration Committee for distribution among eligible employees.
Based on PB Fintech's current trading price of Rs 1,835 per share, the newly allocated options are valued at around Rs 644 crore ($72 million).
PB Fintech was founded by Yashish Dahiya, Alok Bansal, and Avaneesh Nirjar in 2008. The insurtech major operates PolicyBazaar for insurance products and Paisabazaar for lending solutions, serving millions of customers across India's digital financial services landscape.
In the July-September quarter of this fiscal FY26, PB Fintech reported a 38% jump in revenue from operations to Rs 1,613.5 crore from Rs 1,167.23 in the same period last fiscal.
Its net profit grew 2.6 times to Rs 134.8 crore during the quarter year-on-year.
The company's employee cost rose 18% to Rs 600 crore in the September quarter from Rs 508 crore in the same quarter last fiscal.
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