Capri Global Capital Incorporates Wholly Owned Subsidiary for Insurance Broking Business

1 min read     Updated on 19 Nov 2025, 06:45 PM
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Reviewed by
Riya DScanX News Team
Overview

Capri Global Capital Limited (CGCL) has established a wholly-owned subsidiary, Capri Global Insurance Brokers Private Limited (CGIBPL), to enter the insurance sector. CGIBPL, incorporated on December 2, 2023, with an authorized capital of Rs. 75 lakh, will engage in insurance broking, advisory services, client representation, training, and technology integration in the insurance ecosystem. The subsidiary is yet to commence operations and plans to obtain necessary regulatory approvals from IRDAI.

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

Capri Global Capital Limited (CGCL) has announced a strategic move into the insurance sector with the establishment of a new wholly-owned subsidiary, Capri Global Insurance Brokers Private Limited (CGIBPL). This development marks an expansion of CGCL's business portfolio, diversifying its operations beyond its current focus areas.

Key Details of the New Subsidiary

Aspect Details
Name Capri Global Insurance Brokers Private Limited (CGIBPL)
Authorized Capital Rs. 75.00 lakh (7,50,000 Equity Shares of Rs. 10 each)
Industry Insurance Broking
Ownership 100% owned by Capri Global Capital Limited
Incorporation Date December 2, 2023
Operational Status Yet to commence business operations

Scope of Operations

The new subsidiary is set to engage in a range of insurance-related activities:

  1. Insurance Broking: Acting as a direct broker, re-insurance broker, and composite broker for various types of insurance including life, general, health, motor, marine, and specialty insurances.

  2. Advisory Services: Providing consultancy and intermediation services for individuals, corporates, and institutions.

  3. Representation: Acting on behalf of clients in negotiations with insurers, reinsurers, underwriters, and regulatory authorities.

  4. Training and Development: Organizing training programs, workshops, and e-learning platforms for distribution personnel and clients in the insurance ecosystem.

  5. Technology Integration: Developing and managing software, technology platforms, and digital solutions for insurance broking, advisory, and claims management.

Regulatory Compliance

CGIBPL plans to obtain and maintain necessary registrations, approvals, and licenses from the Insurance Regulatory and Development Authority of India (IRDAI) and other relevant authorities. The company aims to comply with all applicable regulations in the insurance sector.

Strategic Implications

This move into insurance broking represents a diversification for Capri Global Capital Limited. By establishing a presence in the insurance sector, CGCL aims to expand its financial services portfolio and potentially create synergies with its existing business lines.

The expansion into insurance broking could open up new revenue streams for CGCL and position the company to capitalize on the insurance market in India. As the subsidiary begins operations, it will be interesting to observe how this strategic move impacts CGCL's overall business performance and market position in the financial services sector.

Historical Stock Returns for Capri Global Capital

1 Day5 Days1 Month6 Months1 Year5 Years
-0.23%-0.34%-6.64%+0.88%-5.12%+146.00%
Capri Global Capital
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Capri Global Capital Allots 5.18 Lakh Equity Shares Under ESOP Scheme

1 min read     Updated on 07 Nov 2025, 12:35 AM
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Reviewed by
Radhika SScanX News Team
Overview

Capri Global Capital Limited has allotted 5,18,840 equity shares under its ESOP 2009 scheme. The allotment, approved on November 6, 2025, increases the company's paid-up share capital from ₹96,16,35,122 to ₹96,21,53,962. The shares have a face value of ₹1.00 and an exercise price range of ₹0.50 to ₹62.50. This move aims to retain talent, motivate performance, and align employee interests with shareholders. The newly allotted shares will be listed on BSE and NSE.

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

Capri Global Capital Limited , a prominent non-banking financial company (NBFC), has announced the allotment of 5,18,840 equity shares under its Employee Stock Option Plan (ESOP) 2009 scheme. This move, approved by the company's Management Committee on November 6, 2025, represents a strategic step in employee retention and motivation.

Key Details of the Allotment

  • Number of Shares: 5,18,840 equity shares
  • Face Value: ₹1.00 per share
  • Exercise Price Range: ₹0.50 to ₹62.50 per share
  • Scheme: ESOP 2009

Impact on Share Capital

The allotment has resulted in an increase in the company's paid-up share capital:

Particulars Before Allotment After Allotment
Paid-up Capital ₹96,16,35,122.00 ₹96,21,53,962.00
Number of Equity Shares 96,16,35,122 96,21,53,962

This represents a marginal increase of 0.54% in the company's paid-up share capital.

Significance of the ESOP Allotment

Employee Stock Option Plans are crucial tools for companies to align employee interests with those of shareholders. For Capri Global Capital, this allotment under the ESOP 2009 scheme serves multiple purposes:

  1. Employee Retention: By providing equity ownership, the company aims to retain key talent in a competitive financial services market.
  2. Performance Motivation: ESOPs incentivize employees to contribute to the company's long-term growth and profitability.
  3. Alignment of Interests: As employees become shareholders, their interests align more closely with those of other investors.

Market Implications

The newly allotted shares will rank pari-passu with the existing equity shares of the company. Capri Global Capital is currently in the process of completing the formalities for listing these additional shares on both the BSE and NSE, where the company is already listed.

Company Overview

Capri Global Capital Limited is known for its focus on MSME lending, housing finance, and construction finance. The company has been expanding its presence in the financial services sector, with a particular emphasis on serving underbanked and underserved segments of the market.

As the company continues to grow, such ESOP allotments demonstrate its commitment to employee welfare and long-term value creation for all stakeholders.

Investors and market observers may view this development as a positive sign of the company's focus on aligning employee incentives with shareholder interests, potentially contributing to sustained growth and performance in the competitive NBFC sector.

Historical Stock Returns for Capri Global Capital

1 Day5 Days1 Month6 Months1 Year5 Years
-0.23%-0.34%-6.64%+0.88%-5.12%+146.00%
Capri Global Capital
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