{"id":1037540,"date":"2026-09-22T08:45:08","date_gmt":"2026-09-22T03:15:08","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1037540"},"modified":"2026-09-22T08:51:43","modified_gmt":"2026-09-22T03:21:43","slug":"pine-labs-block-deal-mastercard-asia-may-divest-4-3-equity-worth-rs-892-crore","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/09\/22\/pine-labs-block-deal-mastercard-asia-may-divest-4-3-equity-worth-rs-892-crore\/","title":{"rendered":"Pine Labs block deal: Mastercard Asia may divest 4.3% equity worth Rs 892 crore"},"content":{"rendered":"<p>Mastercard Asia Pacific may sell up to 49.7 million shares, representing approximately 4.3% of fintech company Pine Labs, through a block deal worth up to Rs 892.5 crore, according to reports. <\/p>\n<p>The floor price for the proposed deal has been set at Rs 179.50 per share, a discount of about 7.3% to Pine Labs\u2019 previous closing price on the NSE. <\/p>\n<p>As of June 30, 2026, Mastercard Asia Pacific held 49,724,182 shares, representing a 4.31% stake in Pine Labs, according to exchange data. The proposed sale of up to 49.7 million shares is broadly equivalent to the entire stake disclosed by Mastercard Asia\/Pacific as of that date.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mastercard Asia Pacific may sell up to 49.7 million shares, representing approximately 4.3% of fintech company Pine Labs, through a block deal worth up to Rs 892.5 crore, according to reports. The floor price for the proposed deal has been set at Rs 179.50 per share, a discount of about 7.3% to Pine Labs\u2019 previous closing price on the NSE. As of June 30, 2026, Mastercard Asia Pacific held 49,724,182 shares, representing a 4.31% stake in Pine Labs, according to exchange data. The proposed sale of up to 49.7 million shares is broadly equivalent to the entire stake disclosed by [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1037540","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1037540","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1037540"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1037540\/revisions"}],"predecessor-version":[{"id":1037566,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1037540\/revisions\/1037566"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1037540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1037540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1037540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}