<ul><li>Fintech major Pine Labs has received the final approval from the National Company Law Tribunal (NCLT) to merge its Indian and Singapore entities.</li><li>The merger will involve issuing shares of Pine Labs to the existing shareholders of the Singapore entity.</li><li>Pine Labs' aim behind this alignment is to enhance operational efficiency and deliver value to customers, partners, and stakeholders.</li><li>The approval is a significant step for Pine Labs as it plans for a potential IPO worth $1 billion.</li></ul>

Pine Labs Gets Final NCLT Nod For Reverse Flipping To India

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