Capri Global Capital Receives Share Allotment from Subsidiary CGHFL Through Rights Issue

2 min read     Updated on 24 Mar 2026, 12:54 AM
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Radhika SScanX News Team
Overview

Capri Global Capital Limited received an allotment of 72,99,270 equity shares from its wholly-owned subsidiary CGHFL through a rights issue at Rs. 274 per share on March 23, 2026. The transaction increased the parent company's shareholding from 7,88,08,203 to 8,61,07,473 shares while maintaining 100% ownership. CGHFL, a housing finance company with Rs. 606.88 crore turnover in 2024-25, will use the proceeds for business expansion and working capital requirements.

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*this image is generated using AI for illustrative purposes only.

Capri Global Capital Limited has received an allotment of equity shares from its wholly-owned subsidiary Capri Global Housing Finance Limited (CGHFL) through a rights issue completed on March 23, 2026. The transaction represents a significant capital infusion into the housing finance subsidiary as part of its business expansion strategy.

Share Allotment Details

The Management Committee of CGHFL approved the allotment of 72,99,270 fully paid-up equity shares of face value Rs. 10 each to eligible shareholders through the rights issue. The shares were issued at Rs. 274 per equity share, including a premium of Rs. 264 per share.

Parameter: Details
Shares Allotted: 72,99,270
Face Value: Rs. 10 per share
Issue Price: Rs. 274 per share
Premium: Rs. 264 per share
Allotment Date: March 23, 2026

Updated Shareholding Structure

Following the allotment, Capri Global Capital's shareholding in CGHFL has increased substantially while maintaining complete ownership of the subsidiary.

Shareholding: Before Allotment After Allotment
Number of Shares: 7,88,08,203 8,61,07,473
Ownership Percentage: 100% 100%
Face Value per Share: Rs. 10 Rs. 10

CGHFL Company Profile

Capri Global Housing Finance Limited operates as a housing finance company incorporated on April 17, 2006. The subsidiary has demonstrated consistent growth in its financial performance over recent years.

Financial Parameter: Details
Authorized Capital: Rs. 90,00,00,000
Turnover (2024-25): Rs. 606.88 crore
Net Worth (March 31, 2025): Rs. 839.24 crore
Business Sector: Housing Finance

Revenue Growth Trend

CGHFL has shown progressive revenue growth over the past three years:

  • 2024-25: Rs. 606.88 crore
  • 2023-24: Rs. 487.19 crore
  • 2022-23: Rs. 323.67 crore

Transaction Purpose and Regulatory Compliance

The rights issue proceeds will be utilized for general business requirements, including working capital needs, expansion of business activities, loan repayments, and other general corporate purposes. The transaction has been structured as a related party transaction conducted on an arm's length basis with independent valuation.

The Audit Committee approved this related party transaction on January 29, 2026, followed by Board of Directors approval on the same date. The transaction required cash consideration through normal banking channels and did not necessitate any governmental or regulatory approvals beyond standard compliance requirements.

Historical Stock Returns for Capri Global Capital

1 Day5 Days1 Month6 Months1 Year5 Years
-6.06%-6.06%-7.65%-16.20%-3.60%+86.90%

Capri Global Capital Secures Moody's Ba3 and Fitch BB- Credit Ratings

2 min read     Updated on 24 Mar 2026, 12:15 AM
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Reviewed by
Radhika SScanX News Team
Overview

Capri Global Capital Limited has achieved a significant milestone by securing credit ratings from two global agencies - a first-time Ba3 Corporate Family Rating from Moody's and BB- Long-Term Issuer Default Rating from Fitch, both with stable outlook. The ratings reflect the company's strong fundamentals including diversified lending portfolio, improving asset quality, and robust risk management across its substantial operations spanning over ₹30,000 crores AUM and 6.3+ lakh customers through 1,330+ branches.

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Capri Global Capital Limited has announced that it has secured credit ratings from two prominent global rating agencies. Moody's Ratings has assigned a first-time Ba3 long-term corporate family rating (CFR) with stable outlook, while Fitch Ratings has assigned a BB- (Stable) Long-Term Issuer Default Rating (IDR), along with a B Short-Term IDR and a BB- (Stable) Local Currency Long-Term IDR.

Dual Rating Assignment Details

The company received comprehensive ratings from both agencies, marking a significant milestone in its growth journey. The ratings reflect the company's diversified lending portfolio, improving asset quality, strong capitalisation, and continued focus on prudent risk management.

Rating Agency: Rating Type Rating Outlook
Moody's Ratings: Corporate Family Rating (CFR) Ba3 Stable
Fitch Ratings: Long-Term Issuer Default Rating BB- Stable
Fitch Ratings: Short-Term IDR B -
Fitch Ratings: Local Currency Long-Term IDR BB- Stable

Management Commentary

Commenting on the development, Mr. Rajesh Sharma, Managing Director, Capri Global Capital Limited, stated that securing ratings from both Moody's and Fitch represents a significant milestone and strong validation of the company's business model, governance standards, and risk management practices. He emphasized the company's commitment to maintaining high asset quality, pursuing disciplined growth, and enhancing access to diversified funding sources.

Company Profile and Scale

Capri Global Capital Limited operates as a well-diversified retail focused Non-Banking Financial Company listed on BSE Limited and NSE Limited. The company maintains substantial scale with Assets Under Management of over ₹30,000 crores and serves a customer base of over 6.3 lakhs through more than 13,000 employees across 1,330+ branches as of December 31st, 2025.

Parameter: Details
AUM: Over ₹30,000 crores
Customer Base: Over 6.3 lakhs
Employee Strength: 13,000+
Branch Network: 1,330+ branches
Geographic Presence: Pan India

Business Segments and Operations

The company offers a wide range of secured and collateralized loans across four primary lending segments including MSME Loans, Gold Loans, Construction Finance and Housing Loans through its subsidiary Capri Global Housing Finance Limited. Additionally, Capri Global operates fee-based businesses including distribution of car loan products and holds a composite license for distribution of Life, General and Health insurance policies.

Regulatory Compliance

The rating assignments were communicated to stock exchanges on March 23, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information has been made available on the company's website at www.capriloans.in for stakeholder access.

Historical Stock Returns for Capri Global Capital

1 Day5 Days1 Month6 Months1 Year5 Years
-6.06%-6.06%-7.65%-16.20%-3.60%+86.90%

More News on Capri Global Capital

1 Year Returns:-3.60%