Actis exits 0.86% of Pine Labs for Rs 151.6 crore in bulk deal
Mauritius-based PE firm Actis offloaded 98.28 lakh shares of merchant-payments firm Pine Labs at Rs 154.25 apiece. The exit follows Pine Labs' FY26 print of Rs 2,711 crore revenue (+19%) and Rs 113 crore net profit, with Q4 revenue up 17% to Rs 701 crore.
What happened
Actis sold a 0.86% stake (98.28 lakh shares) in Indian merchant-payments firm Pine Labs for Rs 151.6 crore at Rs 154.25/share. Pine Labs posted Q4FY26 net
Key facts
- 0.86% stake
- 98.28 lakh shares
- Rs 154.25/share
- Rs 151.6 crore
- Q4FY26 net profit Rs 59 crore
- Q4FY26 revenue Rs 701 crore (+17%)
- FY26 revenue Rs 2,711 crore (+19%)
- FY26 net profit Rs 113 crore
Why this matters
A cleaner cap table post-Actis exit improves Pine Labs' optionality for strategic partnerships and bolt-on M&A in the fintech and merchant-acquiring space.