Pine Labs Limited

Societe Generale bought 45.31 lakh shares of Pine Labs for ₹70.29 Cr at ₹155.10 apiece in a block deal.

A leading Indian merchant commerce platform, Pine Labs provides point-of-sale solutions, payment processing, and merchant financing services to businesses across the country. The company operates a comprehensive ecosystem that enables merchants to accept digital payments, manage transactions, and access financial services. Its integrated approach combines technology infrastructure with financial offerings, serving as a critical player in India's digital commerce and payments landscape.

French global investment bank with around EUR 1.6 trillion in assets. India FPI activity covers proprietary, market-making and client flows in listed Indian equities.