Pine Labs Share Price in Focus After its Subsidiary Receives RBI Approval for 100% Stake in Agya Technologies

Pine Labs Limited has announced that its wholly-owned subsidiary, BrokenTusk Technologies Private Limited, also known as Setu, has received approval from the Reserve Bank of India (RBI) to acquire a 100% stake in Agya Technologies Private Limited.  

Agya Technologies is an associate company of Setu and operates as a Non-Banking Financial Company – Account Aggregator (NBFC-AA). 

RBI Approval for Stake Acquisition 

On January 20, 2026, Pine Labs disclosed that the RBI has granted approval for Setu to increase its ownership in Agya Technologies to 100%. This acquisition is set to be completed in one or more tranches, as per the company's plans.  

The move is significant as Agya Technologies holds an RBI authorisation to operate as an NBFC-AA, which plays a crucial role in the financial ecosystem by facilitating data aggregation and sharing between financial institutions. 

Strategic Importance of the Acquisition 

The acquisition of Agya Technologies is a strategic step for Pine Labs to enhance its capabilities in the financial services sector.  

By gaining full control over an NBFC-AA, Pine Labs aims to strengthen its position in the market and offer more comprehensive solutions to its clients.  

The acquisition aligns with Pine Labs' broader strategy to expand its footprint in the financial technology space. 

Compliance with Regulatory Requirements 

In compliance with the Reserve Bank of India's regulations, Pine Labs will publish a public notice regarding this acquisition in both local and national newspapers.  

This step is part of the RBI's guidelines for the acquisition of shareholding or control in Non-Banking Financial Companies. The company has also made this information available on its official website for investors and stakeholders. 

Read More: RBI Governor Stresses Governance and Asset Quality Standards for Urban Co-operative Banks! 

Pine Labs Share Price Performance 

As of January 20, 2026, at 2:52 PM, Pine Labs share price on NSE was trading at ₹230.47 down by 4.31% from the previous closing price. 

Conclusion 

Pine Labs' acquisition of a 100% stake in Agya Technologies marks a pivotal development in its strategic growth. With RBI's approval, Pine Labs is set to enhance its offerings in the financial sector, leveraging Agya Technologies' NBFC-AA capabilities. 

Disclaimer:This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.