Actis sells 23,909,033 shares in Pinelabs: BSE data

Actis has sold 98.28 lakh shares in Pine Labs through a bulk deal, amounting to ₹151.6 crore, according to exchange data. The shares were sold at ₹154.25 apiece, representing a 0.86% stake in the fintech unicorn. The transaction was executed through Actis Pine Labs Investment Holdings Limited. As of March 2026, Actis held a 4.58% stake in Pine Labs. This sale marks a partial reduction in its holdings, though it remains a significant institutional investor in the company.

Pine Labs reported strong financial performance in Q4 FY26, with a 17% year-on-year increase in revenue to ₹700.5 crore and a net profit of ₹59.4 crore, compared to a loss of ₹28.9 crore in the same period of the previous year. The company’s shares closed at ₹152.7 on Friday, giving it a market capitalization of ₹17,534 crore. The sale by Actis comes amid Pine Labs’ continued growth and profitability, reflecting confidence in the fintech sector’s trajectory.