Alakh Pandey-Led E-Learning Company Approves Rs 120 Crore Investment In FinZ Finance Subsidiary

On Wednesday, the Indian equity benchmarks traded higher during the afternoon session, with the benchmark Nifty 50 index rising 0.43 per cent to 24,918.20. Financial services and education technology-linked stocks remained in focus amid business expansion and capital infusion announcements. In this segment, Physicswallah share price traded at Rs 112 on May 27, 2026, at 2:15 PM, compared to the previous close of Rs 112.05, reflecting a decline of 0.04 per cent during the session.

Physicswallah approves Rs 120 crore investment in FinZ Finance

Physicswallah Limited approved an investment of approximately Rs 120 crore in its wholly owned subsidiary, FinZ Finance Private Limited, through a rights issue aimed at strengthening the subsidiary’s working capital base and supporting business expansion.

The company’s Audit Committee, at its meeting held on May 27, 2026, approved the subscription to up to 2,66,66,667 fully paid-up equity shares having a face value of Rs 10 each in FinZ Finance.

The shares are proposed to be issued at a premium of Rs 35 per share, taking the total investment value to up to Rs 1,20,00,00,015. The consideration for the transaction will be paid in cash.

Physicswallah stated that following the transaction, its shareholding in FinZ Finance will remain unchanged and the entity will continue as a wholly owned subsidiary.

Investment aimed at scaling NBFC operations

The company stated that the capital infusion is intended to augment the working capital requirements of FinZ Finance and facilitate the expansion and scaling up of its business operations.

FinZ Finance operates in the financial services industry and is engaged in leasing, hire purchase and finance-related activities. The company may undertake financing business for consumers, individuals and corporates.

Physicswallah further clarified that the transaction falls under related party transactions and is being undertaken on an arm’s length basis.

FinZ Finance commenced operations in March 2026

FinZ Finance was incorporated on July 2, 2024, under the Companies Act, 2013. The company received its Non-Banking Financial Company (NBFC) licence from the Reserve Bank of India on September 2, 2025, and commenced operations in March 2026.

As per the latest disclosure, the paid-up share capital of FinZ Finance stood at Rs 22,62,79,070.

For FY26, the company reported turnover of Rs 0.001 crore. It had reported no turnover during FY25, while FY24 figures were not applicable.

The latest capital infusion marks a funding step for the NBFC business, which is currently in the early stages of operations. The investment is expected to support the development of the lending and financing portfolio and assist in operational scale-up activities.

Shareholding and stock performance

Physicswallah Ltd traded at Rs 112 on May 27, 2026, at 2:15 PM, compared to the previous close of Rs 112.05, reflecting a decline of 0.04 per cent during the session.

The stock’s 52-week high and low stood at Rs 143.55 and Rs 79.63 respectively.

Foreign institutional investor holding declined to 11.56 per cent from 12.40 per cent, while domestic institutional investor holding increased to 13.46 per cent from 12.75 per cent.

About Physicswallah

Physicswallah Ltd  is an education technology company engaged in providing online and offline learning solutions across competitive examinations, skilling and higher education segments. The company has expanded into financial services through its subsidiary FinZ Finance.

What are your views on Physicswallah’s Rs 120 crore investment in FinZ Finance and the company’s expansion into financial services? Share your thoughts in the comments below.
Disclaimer: This article is for informational purposes only and not investment advice.