Announced Wed, 10 Jun, 2026 · 21:04 IST
Pine Labs completes 100% acquisition of Shopflo Technologies
PINELABS · price
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Price reaction · full curve 14 horizons · vs prior close
+0.4%1-day move
₹150.15
prior close
₹148.40
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0-0.4+0.1+1.8+0.4+2.4-0.1+1.0-0.1+1.9+3.8+3.8+11.4+32.4
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AI summary
Pine Labs has completed the acquisition of 100% stake in Shopflo Technologies Private Limited on June 10, 2026. Shopflo has become a wholly owned subsidiary of Pine Labs effective the same date. The deal was earlier approved by the Board on April 25, 2026 and has now been finalized through purchase of shares from existing shareholders. Deal financials were not disclosed in this filing.
Likely market impact
Shopflo becomes a wholly owned subsidiary, expanding Pine Labs portfolio. Deal value not shared, so near term earnings impact unclear.