Altimeter trims Pine Labs stake in ₹211 Cr block; SBI, Nippon MFs absorb supply

Altimeter Capital sold 1.56 Cr Pine Labs shares at ₹135.21 — second major PE exit in a week after Madison India's ₹357 Cr offload. SBI MF picked up 1.32 Cr shares (₹177.79 Cr); Nippon added 70 lakh (₹94.50 Cr). Pine Labs posted maiden full-year profit of ₹112.5 Cr on FY26 revenue of ₹2,710.6 Cr (+19% YoY).

Altimeter Capital sold 1.56 Cr Pine Labs shares at ₹135.21 — second major PE exit in a week after Madison India's ₹357 Cr offload. SBI MF picked up 1.32 Cr shar

Inc42 · Buzz · 5/27/2026, 2:41:29 PM · Ask about this →

Pine Labs + Altimeter Capital + Madison India Capital + Nippon India Mutual Fund + SBI Mutual Fund +