Actis exits ₹152 Cr in Pine Labs at ₹154.25; third institutional sell-down post lock-in
Actis sold 98.28 lakh Pine Labs shares worth ₹151.6 Cr via block deal at ₹154.25 apiece, trimming holding to 1.86%. Marks the third institutional exit since lock-in expiry, alongside Madison India and Invesco. Pine Labs delivered maiden profitable year in FY26 with ₹112.5 Cr net profit on ₹2,710.6 Cr revenue; FY27 revenue growth guided at 21–23.5%.
Actis sold Pine Labs shares worth ₹151.6 Cr via block deal at ₹154.25 apiece, retaining 1.86% stake. Third institutional exit post lock-in expiry. Pine Labs posted maiden profitable year FY26 with ₹112.5 Cr net profit on ₹2,710.6 Cr revenue.
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