Pine Labs Merger & Restructuring
Pine Labs Limited's subsidiary, Mopay Services Private Limited, has been officially struck off and dissolved. This voluntary liquidation streamlines the corporate structure without financial impact.
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Pine Labs Limited's subsidiary, Mopay Services Private Limited, has been officially struck off and dissolved. This voluntary liquidation streamlines the corporate structure without financial impact.
Pine Labs reported FY26 revenue growth of 19% with significant EBITDA margin expansion of 500 bps. Management focus remains on multi-layered fintech infrastructure, offline/online expansion, and international scaling in SE Asia and Middle East.
Pine Labs reported FY26 revenue growth of 19% and adjusted EBITDA of ₹559 Cr (up from ₹357 Cr). Management focus is on improving unit economics and expanding international digital infrastructure.
Pine Labs reported FY26 revenue of ₹2,711 Cr (up 19% YoY) and achieved full-year profitability with PAT of ₹113 Cr, driven by scaling high-margin segments.
Pine Labs Ltd reported revenue from operations of ₹700.5 Cr (+17.0% YoY) and net profit of ₹59.4 Cr for Q4 FY26.
Pine Labs reported FY26 consolidated total income of ₹2,847.15 Crore and achieved its first full year of profitability. PAT stood at ₹113 Crore.
Pine Labs entered the Philippines market through a partnership with GCash for Business. This collaboration integrates payment solutions and expands Pine Labs' international fintech presence.
Pine Labs Limited has scheduled a Board Meeting for May 25, 2026, to approve audited financial results for the year ended March 31, 2026. An earnings call is also scheduled for May 26, 2026.
Pine Labs Limited is acquiring Shopflo Technologies for ₹88 Crore. The acquisition of the D2C checkout platform is expected to conclude within three months. This move aims to provide an integrated end-to-end platform for D2C merchants, spanning in-store and online checkout solutions.
Pine Labs Limited has approved the acquisition of a 100% stake in Shopflo Technologies Private Limited for up to ₹88 Crore. The transaction, expected to complete within 3 months, aims to build a unified commerce and payments platform by integrating Shopflo's checkout optimization technology.
Pine Labs Ltd clarified a news report regarding its retail payment solutions partnership with Karnataka Bank. The company stated the arrangement is in the ordinary course of business and does not involve unpublished price sensitive information. It also confirmed no unannounced developments exist to explain recent trading activity.
Pine Labs Limited clarified to the NSE regarding a news item about its partnership with Karnataka Bank for retail payment solutions. The company stated the agreement is in the ordinary course of business and not material for disclosure under Regulation 30. No separate press release was issued by Pine Labs regarding this incremental banking alliance.
Pine Labs Limited announced the resignation of Navin Ashokkumar Chandani from his position. The cessation is effective from April 6, 2026. This leadership change is a standard regulatory disclosure regarding key managerial personnel.
Mr. Navin Ashokkumar Chandani has resigned as President & Chief Business Officer – Issuing at Pine Labs Limited to pursue outside opportunities. His resignation is effective from the close of business hours on April 06, 2026. The company has taken the resignation on record in compliance with SEBI LODR Regulations.
Pine Labs Limited submitted a compliance certificate confirming that all shares remain dematerialised for the quarter ended March 31, 2026. The Registrar and Share Transfer Agent, KFin Technologies, reported no rematerialisation requests were received during this period.