Pine Labs Limited (PINELABS) — Announcement

📢 Key Event
Pine Labs refutes media claims on breakage income relevance

💡 Investor Takeaway
Investors should disregard breakage income speculation as it never affects Pine Labs' financials.

Pine Labs clarified that breakage income from co-branded programs belongs to partner brands, not the company, and has never contributed to its revenue or profit, rendering regulatory speculation about its impact irrelevant to investors.

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About Pine Labs Limited (PINELABS)

Financial Services · Financial Technology (Fintech) · Listed on NSE

Market Cap: ₹17,508.92 Cr

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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