Munish Varma ceased to be director w.e.f. closure of business hours on 14 March 2022. He has cited personal reasons and other pre-occupations as the reason for the said resignation.
Policybazaar & Paisabazaar are the flagship platform of PB Fintech and are Indias largest online platform for insurance and lending products according to Frost & Sullivan.
The company reported consolidated net loss of Rs 298.02 crore in Q3 December 2021, higher than net loss of Rs 19.59 crore in Q3 December 2020. On a consolidated basis, net sales rose 73.19% to Rs 367.28 crore in Q3 December 2021 over Q3 December 2020.
The scrip rose 0.94% to currently trade at Rs 695.70 on the BSE.
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