Physicswallah Limited Approves Investment of INR 120 Crore in Wholly Owned Subsidiary, FinZ Finance
Physicswallah Limited announced on May 27, 2026, that its Audit Committee approved a significant investment into FinZ Finance Private Limited, a wholly owned subsidiary of the company. This investment involves the subscription of shares proposed to be issued on a rights basis.The company plans to subscribe to up to 2,66,66,667 fully paid-up equity shares of face value INR 10 each. The cost of this acquisition is stated to be up to INR 1,20,00,00,015, which includes the consideration for the shares issued at a premium of INR 35 per share. The approximate investment amount stands at INR 120 crore.
Investment Details and Business Objectives
FinZ Finance Private Limited is engaged in the financial service sector, focusing on leasing, hire purchase, and finance. The investment aims to augment the working capital requirements of FinZ Finance and facilitate the expansion and scaling up of its business operations.FinZ Finance was incorporated as a private limited company on July 2, 2024, and received its NBFC license from the RBI on September 2, 2025. The company commenced operations in March 2026.
The investment constitutes a related party transaction, as FinZ Finance is a wholly owned subsidiary of Physicswallah Limited, and the transaction is deemed to be at arm's length. The company will continue to hold its entire shareholding in FinZ Finance, ensuring it remains a wholly owned subsidiary.
Company Financial Profiles
The financial details for both Physicswallah Limited and FinZ Finance Private Limited provide context for the investment.| Particulars | Details |
|---|---|
| Target Entity Name | FinZ Finance Private Limited |
| Paid-up Share Capital | INR 22,62,79,070 |
| Turnover (FY 2026) | INR 0.01 Million |
| Industry | Financial Service |
The turnover details for the past three financial years are as follows:
| Year | Physicswallah Turnover (INR in millions) |
|---|---|
| FY 2025-26 | 0.01 |
| FY 2024-25 | Nil |
| FY 2023-24 | Not Applicable |
Physicswallah Limited's presence is noted in India, consistent with FinZ Finance's presence in the same country.
PWL Stock Price Movement
As of 3:20 PM, shares of Physicswallah Limited are slipping by 0.07% in live trading, currently at ₹111.95. The stock trades on a volume of 1.20 million shares, staying contained within its intraday range of ₹111.51 to ₹112.8.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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