Actis Exits Pine Labs With ₹152 Cr Block Deal, Third Institutional Sell-Off In A Month
Actis offloaded 98.28 lakh Pine Labs shares at ₹154.25 apiece, trimming residual holding to 1.86%. The post-lock-in exit follows similar moves by Madison India and Invesco, with the stock down 35% YTD even as Pine Labs swung to a maiden FY26 profit of ₹112.5 Cr on ₹2,710.6 Cr revenue.
Actis sold 98.28 lakh Pine Labs shares for ₹151.6 Cr via block deal post lock-in expiry, the third institutional exit in a month. Stock down 35% YTD despite Pine Labs posting maiden FY26 profit of ₹112.5 Cr.