Pine Labs Price Movement Clarification
Pine Labs clarified that media reports on breakage income are speculative and misleading. The company states breakage has never contributed to revenue or profit.
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Pine Labs clarified that media reports on breakage income are speculative and misleading. The company states breakage has never contributed to revenue or profit.
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 The company stated the arrangement is in the ordinary course of business and does not involve unpublished price sensitive information.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.