Capri Global Capital Limited announced the resignation of Chief Executive Officer Monu Ratra, effective January 19, 2026. The Mumbai-based non-banking financial company informed stock exchanges that Ratra, who was appointed CEO in October 2025, has stepped down to pursue an entrepreneurial path, with his last working day scheduled for January 31, 2026.

CEO Resignation Details

Mr. Monu Ratra served as CEO for approximately three months before announcing his departure. According to the regulatory disclosure, his resignation was driven by personal aspirations to build and engage in entrepreneurial ventures. He clarified that the decision was not due to any disagreement with the Board, management, or company affairs.

Ambitious Gold Loan Expansion Strategy

Despite the leadership change, Capri Global Capital has outlined aggressive growth targets for its gold loan business. The company is targeting a gold loan asset base of ₹20.00 crore per branch in FY27, emphasizing its focus on expanding secured lending operations. Currently, the company expects to close the year with gold loan assets under management of approximately ₹17.00 crore per branch.

Enhanced Profit Guidance and Branch Expansion

Management has raised its profit guidance significantly, with expectations of around ₹900.00 crore in the current financial year and ₹1,300.00 crore in the next financial year. This reflects strong confidence in the company's business momentum and growth strategy.

Rajesh Sharma, MD at Capri Global, stated, "We have added more branches, from 835 branches, another 165 branches will complete addition by end of January. By the end of January, we intend to operate 1,000 branches of gold loan alone. This expansion will help grow our overall portfolio as well as the gold loan AUM."

Market Performance and Strategic Focus

Capri Global has emphasized growth in the gold loan segment, aiming to leverage strong demand from rural and semi-urban markets. The company's expansion strategy focuses on increasing branch presence to capture market opportunities in secured lending.

Shares of Capri Global Capital closed at ₹177.50 on the NSE, down ₹2.15 or 1.20% for the day. The company has fulfilled its regulatory obligations by filing necessary intimations under SEBI Listing Regulations, with the announcement made public and uploaded on the company's website at www.capriloans.in .

Capri Global Capital Limited has issued a postal ballot notice seeking shareholder approval for the re-appointment of Mr. Desh Raj Dogra as an Independent Director for a second consecutive term. The company has initiated the remote e-voting process to facilitate member participation in this corporate governance decision.

Postal Ballot Details and Timeline

The postal ballot process follows a structured timeline with specific dates for member participation:

The voting process will be conducted exclusively through remote e-voting via NSDL's platform, with no physical ballot papers being distributed. Members whose names appear on the Register of Members as on the cut-off date are eligible to participate in the voting process.

Director Re-appointment Proposal

The special resolution seeks approval for Mr. Desh Raj Dogra's re-appointment as Independent Director for a three-year term from February 1, 2026 to January 31, 2029. This represents his second consecutive term, following his initial appointment at the 26th Annual General Meeting for the period from February 1, 2021.

Director Profile and Experience

Mr. Dogra brings extensive experience spanning over four decades in the financial sector and credit administration. His professional background includes significant leadership roles in prominent financial institutions and regulatory bodies.

Professional Background:

• Former CEO and Managing Director of Credit Analysis and Research Limited (CARE) until August 2016
• Subsequently served as Vice Chairperson and Public Interest Director at Metropolitan Stock Exchange of India Ltd
• Over 15 years of experience with Dena Bank
• MBA in Finance from Faculty of Management Studies (FMS), University of Delhi
• Certified Associate of the Indian Institute of Bankers

Current Board Positions: Mr. Dogra serves as Independent Director on boards of multiple listed companies including KRBL Limited, Skipper Limited, IFB Industries Limited, G R Infraprojects Limited, and S Chand and Company Limited, among others.

Remuneration and Board Participation

For the financial year 2025, Mr. Dogra received total remuneration of ₹28.00 lakh, comprising sitting fees for Board and Committee meetings along with commission. His active participation in governance is evidenced by his attendance record:

The director holds no shares in the company and maintains independence from management, fulfilling the criteria specified under Section 149(6) of the Companies Act, 2013 and Regulation 16(1)(b) of SEBI Listing Regulations.

Regulatory Compliance and Voting Process

The postal ballot process adheres to provisions of Sections 108 and 110 of the Companies Act, 2013, along with applicable SEBI regulations and MCA circulars. The company has appointed MUFG Intime India Private Limited (formerly Link Intime India Private Limited) as the Registrar and Share Transfer Agent for the process.

Members can access the postal ballot notice through multiple channels including the company's website at www.capriloans.in and stock exchange websites. The resolution, if passed by requisite majority, will be deemed effective from February 15, 2026, the last date of the e-voting period.