Kalyan Capitals Acquires NPA Worth ₹4 Crores from ICICI Bank Through Asset Reconstruction Company

Kalyan Capitals Limited has announced a strategic acquisition in the asset reconstruction sector. The company's Board of Directors has approved the purchase of a Non-Performing Asset (NPA) worth ₹4.00 crores from ICICI Bank. This acquisition marks Kalyan Capitals' entry into distressed asset investment through a structured approach involving an established asset reconstruction company.

Acquisition Structure and Details

The transaction involves acquiring the NPA of Three C Facility Management Private Limited, which is being divested by ICICI Bank. Kalyan Capitals will execute this acquisition by investing in CFM Asset Reconstruction Private Limited (CFMARC), which serves as the intermediary vehicle for the transaction.

Parameter	Details
Target Asset	NPA of Three C Facility Management Private Limited
Selling Bank	ICICI Bank
Investment Vehicle	CFM Asset Reconstruction Private Limited (CFMARC)
Consideration	₹4.00 crores (cash)
Transaction Type	Non-related party transaction

About CFM Asset Reconstruction Private Limited

CFM Asset Reconstruction Private Limited operates as a specialized asset reconstruction company registered with the Reserve Bank of India. The company was established on July 13, 2015, and operates under the regulatory framework of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002.

Company Details	Information
Registration	Reserve Bank of India
Establishment Date	July 13, 2015
Regulatory Framework	SARFAESI Act, 2002
Business Focus	Securitization and asset reconstruction

CFMARC engages in the business of securitization and asset reconstruction, specializing in the management and resolution of distressed financial assets in compliance with regulatory requirements.

Transaction Framework

The acquisition will be executed through cash consideration, with the completion timeline subject to fulfilling conditions precedent as outlined in the Memorandum of Understanding between the parties. The company has confirmed that this transaction does not fall within the scope of related party transactions, and no promoter or group company interests are involved in the entity being acquired.

The transaction does not require specific governmental or regulatory approvals beyond standard compliance requirements. The acquisition aligns with Kalyan Capitals' strategic direction while maintaining arm's length transaction principles.

Regulatory Compliance

Kalyan Capitals has disclosed this acquisition in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided comprehensive details as required under the regulatory framework, ensuring transparency for stakeholders and market participants.

The disclosure follows SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, demonstrating the company's commitment to regulatory compliance and corporate governance standards in executing strategic transactions.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-4.59%	-7.73%	-10.46%	-26.98%	-45.47%	-19.47%

Kalyan Capitals Limited , formerly known as Akashdeep Metal Industries Limited, has announced a significant investment decision. The company's Board of Directors has approved an investment of up to ₹2 crore in the Securocrop Bharat Amritkaal Fund, a SEBI-registered open-ended Category III Alternative Investment Fund (AIF).

Investment Details

Investment Amount: Up to ₹2 crore
Fund: Securocrop Bharat Amritkaal Fund
Fund Type: SEBI-registered open-ended Category III AIF
Investment Method: Cash consideration
Unit Class: Class A1 units
Unit Face Value: ₹100 each

The investment will be made through cash consideration for Class A1 units at a face value of ₹100 each. This move marks Kalyan Capitals' entry into the alternative investment space, potentially diversifying its investment portfolio.

About Securocrop Investment Trust

Securocrop Investment Trust, which manages the Securocrop Bharat Amritkaal Fund, is settled by Kalyan Capitals Limited (the Sponsor) and Securocrop Securities India Private Limited. It is registered with SEBI as a Category III Alternative Investment Fund, effective from December 2024.

The trust's primary objective is to carry out investment activities to achieve promoter-driven growth through an activist and top-down investment strategy.

Kalyan Capitals' Financial Position

To provide context for this investment decision, let's look at Kalyan Capitals' recent financial position based on their consolidated balance sheet data:

Financial Metric	FY 2025 (₹ crore)	YoY Change
Total Assets	245.30	+34.48%
Current Assets	30.00	+341.18%
Investments	9.10	+19.74%
Total Equity	56.00	+5.66%

The company has shown significant growth in its asset base and investments over the past year. The approved ₹2 crore investment represents a relatively small portion of the company's total assets and investments, suggesting a measured approach to this new venture.

This investment decision by Kalyan Capitals Limited aligns with the company's apparent strategy of expanding its investment portfolio. It also indicates the company's interest in exploring opportunities in the alternative investment fund sector, which could potentially yield diversified returns for the company in the future.

Investors and market watchers will likely keep a close eye on how this investment performs and whether it signals a shift in Kalyan Capitals' overall investment strategy going forward.