Pine Labs infuses Rs 25-cr into subsidiary to support growth
Mumbai, Oct. 22 -- Incorporated on 12 March 2008, SFNPL operates in the financial technology sector. The company facilitates financial transactions through payment processing infrastructure, provides end-to-end integrated technology solutions and sells transaction-related infrastructure. The company reported a turnover of Rs 189.75 crore for the financial year ended 31 March 2026, compared with Rs 198.39 crore in FY25, registering a decline of approximately 4.35% year-on-year. Its turnover stood at Rs 196.77 crore in FY24.
The company acquired 49,869 equity shares of SFNPL for a cash consideration of Rs 24,99,93,297, according to an exchange filing dated 21 October 2026.
The investment is aimed at meeting SFNPL's working capital require...
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