Actis trims Pine Labs stake to 3.72%, cashes out Rs 151.6 Cr in bulk deal
PE investor Actis sold 98.28 lakh shares (0.86%) in payment infrastructure firm Pine Labs at Rs 154.25 apiece, paring its holding from 4.58%. The exit comes as Pine Labs reported Q4 FY26 revenue of Rs 700.5 Cr (+17% YoY) and net profit of Rs 59.4 Cr, with market cap at Rs 17,534 Cr.
Actis sold a 0.86% stake in payment rail Pine Labs for Rs 151.6 crore via bulk deal at Rs 154.25/share, trimming its holding from 4.58%. Pine Labs posted Q4 FY26 revenue of Rs 700.5 Cr and turned profitable.
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