Saraswati Commercial India Ltd — Important, 07-11-2025: Company Update

Saraswati Commercial (India) Limited, an NBFC primarily engaged in investments, has invested Rs. 15.00 crore as an Anchor Investor in the Initial Public Offering of Pine Labs Limited. The company subscribed to 6,78,777 equity shares at Rs. 221 each. Pine Labs is a prominent Indian merchant commerce platform, offering point-of-sale solutions and payment processing services. This strategic investment aligns with Saraswati Commercial's core business of investing in shares and securities, representing a significant capital deployment. Pine Labs reported a turnover of Rs. 2,327.09 Cr for the last financial year.