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Pine Labs Gets Final NCLT Nod For Reverse Flipping To India

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SUMMARY

As a result, shares in Pine Labs will be issued to existing shareholders of the Singapore entity

The company’s spokesperson said that this alignment is aimed at enhancing operational efficiency and supports our long-term vision of delivering value to our customers, partners, and stakeholders

This comes months after Pine Labs received the initial approval from the NCLT to shift its domicile from Singapore to India in August

Making another stride towards its reverse flipping journey, fintech major Pine Labs has now…



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Pine Labs Gets Final NCLT Nod For Reverse Flipping To India


SUMMARY

As a result, shares in Pine Labs will be issued to existing shareholders of the Singapore entity

The company’s spokesperson said that this alignment is aimed at enhancing operational efficiency and supports our long-term vision of delivering value to our customers, partners, and stakeholders

This comes months after Pine Labs received the initial approval from the NCLT to shift its domicile from Singapore to India in August

Making another stride towards its reverse flipping journey, fintech major Pine Labs has now…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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