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%.

— Source publishedFri, 19 Jun, 2026, 21:05 IST·First seen Fri, 19 Jun, 2026, 21:07 IST·Source Inc42

What happened

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

Key facts

  • ₹151.6 Cr
  • 98.28 Lakh shares
  • ₹154.25/share
  • 1.86% stake
  • FY26 net profit ₹112.5 Cr
  • FY26 revenue ₹2,710.6 Cr
  • FY27 guidance 21-23.5%

Why this matters

Cleaner cap table as legacy PE rolls off creates a window for strategic partnerships or bolt-on M&A in merchant payments without legacy-investor friction.

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