Pine Labs completes acquisition of 100% stake in Shopflo Technologies on June 10, 2026
Pine Labs · Financial Technology (Fintech)
Key highlights
- Acquisition approved by Pine Labs Board on April 25, 2026.
- Purchase involved 100% shares from existing Shopflo shareholders.
- Shopflo is now a wholly owned subsidiary of Pine Labs as of June 10, 2026.
Why it's rated notable: The filing confirms completion of a 100% stake acquisition but states no consideration value, so the level is judged at medium.
Original filing
Update On Acquisition
Read the filing on BSE (PDF) →Companies guiding to strong growth
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Potential multibaggers · Q2 FY27
Potential multibaggers in Financial Technology (Fintech)
on management's own guidance
- Strong growth2
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.
