PB Fintech Limited, operating under the trading symbol 'POLICYBZR', has issued a statement clarifying the recent movement in the price and volume of its shares across exchanges. The company, in a communication addressed to both the National Stock Exchange of India Limited and BSE Limited, attributed these fluctuations to market-driven factors that reflect overall market dynamics, sector-specific developments, and external market sentiments. PB Fintech emphasised that these are beyond the company’s control.
The clarification comes in response to a query from the exchanges dated 25th September 2026 regarding recent scrip movements. In its response, the company highlighted awareness about a recent public consultation paper titled 'Recalibrating Economics of Insurance Distribution' issued by the Insurance Regulatory and Development Authority of India (IRDAI). This paper, according to the firm, remains in a consultation stage, presenting proposed policy changes that are open to feedback from the public and stakeholders. It does not yet represent a final regulatory directive.
Among the suggestions in the IRDAI paper are adjustments to distribution expense structures and commission limits...