Actis sells 0.86% in Pine Labs for ₹151.6 crore

Actis sells 0.86% stake in Pine Labs for ₹151.6 crore via bulk deal. The transaction indicates a partial exit by the private equity firm, reflecting investor consolidation in the fintech space. Pine Labs remains a key player in digital payments and merchant solutions. Recent bulk deals signal evolving shareholder dynamics ahead of potential IPO plans.
📊 STOCKS: PINELABS | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #BulkDeal