BusinessMastercard Asia May Sell 4.3% Stake in Pine Labs for Rs 892 Crore
Mastercard Asia Pacific plans to sell up to 49.7 million shares in Pine Labs, representing about 4.3% equity, through a block deal valued at Rs 892.5 crore. The floor price is set at Rs 179.50 per share, a 7.3% discount to Pine Labs' previous NSE closing price. As of June 30, 2026, Mastercard held a 4.31% stake in Pine Labs.
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