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Saraswati Commercial India LtdImportant, 13-11-2025: Company Update

13-11-2025 | 03:30 pm

Saraswati Commercial (India) Limited has completed the acquisition of 6,78,777 equity shares of Pine Labs Limited for a total of Rs. 15.00 Cr. This investment, priced at Rs. 221 per share, represents 0.06% of Pine Labs' post-issue capital. As an NBFC primarily engaged in investing in shares and securities, Saraswati Commercial views this as a strategic financial investment in its normal course of business. Pine Labs is a leading Indian merchant commerce platform, offering point-of-sale solutions and payment processing.

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