Info Edge (India) Ltd on Saturday said its subsidiary, Makesense Technologies Ltd, intends to file a fresh scheme of amalgamation with PB Fintech – which operates Policybazaar – after the latter’s IPO.
In April, Info Edge had announced the merger of Makesense Technologies and PB Fintech.
“…Makesense Technologies Ltd received a request letter from PB Fintech Ltd seeking its consent for withdrawal of the aforesaid scheme from the Hon’ble National Company Law Tribunal, Chandigarh Bench (NCLT) in order to expedite the process of its upcoming IPO,” Info Edge (India) said in a regulatory filing said on Saturday.
It added that …
