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No upcoming corporate actions available.
|Corporate Action||Corporate Action Description||Ratio||Date|
Bonus issue in the ratio of 499 bonus Equity Shares for every 1 Equity Share held in our Company
|1:499||June 28, 2021|
Pursuant to the shareholders’ resolution dated November 24, 2020, each equity share of the Company of face value of ₹10 each was split into five Equity Shares of ₹2 each
|1:5||Nov. 24, 2020|
No Upcoming announcements available.
|Legal Orders||Reference||Announced On|
Abhijit Mishra filed a public interest litigation on January 12, 2019 (“PIL”) against the RBI and the Central Board of Direct Taxation, before the Delhi High Court for protection of the interests and the privacy concerns of Indian citizens from alleged release of financial data of citizens to credit information companies, such as Paisabazaar, in the absence of any formal directions issued by any regulatory authority in India in this regard. By way of an order dated August 9, 2019 of the Delhi High Court, Paisabazaar was impleaded as a party to these proceedings. On November 19, 2019, Paisabazaar has filed its counter affidavit to the PIL. This matter is currently pending.
|-||Jan. 12, 2019|
IRDAI issued a show cause notice dated June 8, 2021(“Notice”) to Policybazaar in relation to alleged violations of the IRDAI (Insurance Web Aggregators) Regulations, 2017 (“Web Aggregators Regulations”) and the IRDAI (Insurance Advertisement and Disclosure) Regulations, 2000 (“Advertisement Regulations”). IRDAI had received complaints against Policybazaar alleging unethical practices by the Company, Policybazaar and Paisabazaar, and misrepresentation of income in their financial statements.
|-||Jan. 9, 2019|