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News 2026-09-23 07:01 UTC

Mastercard Sells Entire Pine Labs 4.31% Stake For Rs 933 Cr

The payments major offloaded a 4.31 per cent holding through 13 block transactions on the BSE, with domestic and foreign institutional investors picking up the shares, according to media reportsMastercard has exited fintech company Pine Labs after selling its entire 4.31 per cent stake for Rs 933.5…

News 2026-09-23 02:26 UTC

Mastercard exits Pine Labs, sells entire 4.31% stake for ₹933 crore

Global payments solution major Mastercard on Tuesday exited Pine Labs by selling its entire 4.31 per cent stake in the fintech firm for Rs 933 crore through separate block deals on the BSE.American multinational Mastercard, through its affiliate Mastercard Asia/Pacific Pte Ltd, sold 4,97,24,182 sha…