Pine Labs544606New investment
Pine Labs invests INR 24,99,93,297 in wholly owned subsidiary SFNPL via rights issue of 49,869 shares
By ScoutQuest · · 1 min read
1897.5 (Rs. in millions)-3.6%
20241967.7 (Rs. in millions)20261897.5 (Rs. in millions)
- Cash consideration
- INR 24,99,93,297
- Equity shares acquired
- 49,869 equity shares acquired
- Shareholding
- no change in shareholding percentage — SFNPL continues to be a wholly owned subsidiary (100%)
- Target
- Synergistic Financial Networks Private Limited (SFNPL)
- Transaction
- Investment in wholly owned subsidiary by way of subscription to rights issue (Ac
Pine Labs invests INR 24,99,93,297 in wholly owned subsidiary SFNPL via rights issue of 49,869 shares.
Date of incorporation of SFNPL
Completion of acquisition
Also from Pine Labs
Pine Labs to host Q2 FY27 earnings analyst call on Oct 29, 2026 at 4:30 PM IST
19 Oct 2026
Board meeting on October 29, 2026 to consider and approve unaudited Q2 and H1 FY27 results
19 Oct 2026
Pine Labs shares turned positive for the day, posting the biggest recovery among payment aggregators after the MDR deferral news
13 Oct 2026
More numbers
- Consideration for 49,869 equity sharesINR 24,99,93,297
- Equity shares acquired in SFNPL49,869
- SFNPL paid-up capital (post infusion)INR 3,23,14,480
- SFNPL turnover as on March 31, 2026INR 1,89,74,69,654
- SFNPL turnover Mar 20241967.7 (Rs. in millions)
- SFNPL turnover Mar 20251983.9 (Rs. in millions)
- SFNPL turnover Mar 20261897.5 (Rs. in millions)
Source: BSE · 21 Oct 2026
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.