Capri Global Capital Limited has announced the cessation of Mr. Desh Raj Dogra as Independent Director, effective January 31, 2026. The change follows the completion of his five-year term as mandated under corporate governance regulations.

Regulatory Disclosure Details

The company has informed both BSE Limited and National Stock Exchange of India Limited about this board change in compliance with Regulation 30 and Regulation 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made pursuant to SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Director Cessation Information

The following table provides key details about the directorial change:

Compliance and Documentation

The company has fulfilled all regulatory requirements by providing comprehensive details as mandated under Schedule III of the SEBI Listing Regulations. Company Secretary Yashesh Bhatt (Membership No.: A20491) has signed the disclosure document on behalf of the company.

Corporate Governance Framework

The cessation aligns with corporate governance norms that limit the tenure of independent directors to ensure board independence and effectiveness. The company has confirmed that the disclosure will be made available on its official website at www.capriloans.in for stakeholder reference.

Capri Global Capital Limited, incorporated in 1994 with CIN L65921MH1994PLC173469, operates from its Mumbai headquarters at Peninsula Business Park, Lower Parel. The company trades on both BSE (Scrip Code: 531595) and NSE (Scrip Code: CGCL).

Capri Global Capital Limited delivered exceptional financial performance in Q3FY26, with consolidated net profit surging 99.4% year-on-year to ₹2,554.39 million. The non-banking financial company's strong results reflect robust growth across its core business segments and strategic expansion initiatives.

Financial Performance Highlights

The company's consolidated revenue from operations grew significantly by 48.7% to ₹12,203.13 million in Q3FY26, compared to ₹8,208.30 million in the corresponding quarter of the previous year. This growth was driven by substantial increases across multiple income streams.

Interest income, the company's primary revenue source, increased by 38.8% to ₹9,416.36 million. Net gain on derecognition of financial instruments showed remarkable growth of 325.2% to ₹1,156.66 million, while fee and commission income rose 22.1% to ₹1,007.63 million.

Nine-Month Performance

The company's nine-month performance was equally impressive, with consolidated net profit reaching ₹6,663.38 million, representing a substantial 121.5% increase compared to ₹3,007.91 million in the corresponding period of the previous year.

Strategic Board Approvals

The Board of Directors approved several significant strategic initiatives during their meeting on January 29, 2026:

Global Medium Term Note Programme: The Board approved the establishment of a GMTN programme for an aggregate amount not exceeding USD 1 billion. This programme will enable the company to raise funds through secured/unsecured foreign currency denominated bonds, debentures, or other debt securities in accordance with Regulation S and/or Rule 144A of the U.S. Securities Act, 1933.

Subsidiary Investment: The Board approved an additional investment of ₹200 crore in Capri Global Housing Finance Limited (CGHFL), the company's wholly-owned subsidiary, through a rights issue subscription.

Operational Developments

The company's operational expenses increased proportionally with business growth. Total expenses rose to ₹8,851.21 million in Q3FY26 from ₹6,511.63 million in Q3FY25. Finance costs increased to ₹4,313.73 million, while employee benefits expenses grew to ₹2,786.84 million, reflecting the company's expanding operations and workforce.

During the quarter, the company allotted 5,18,840 equity shares worth ₹63.22 million pursuant to stock option exercises. The company also made strategic investments totaling ₹707.5 million across its subsidiaries, including Capri Global Capital Market Private Limited, Capri Global Securities Private Limited, and Capri Global Insurance Brokers Private Limited.

Regulatory Compliance

The company maintained strong regulatory compliance, with joint statutory auditors M S K A & Associates LLP and Singhi & Co. issuing unmodified opinions on the limited review reports. The financial results comply with Indian Accounting Standard 34 and SEBI listing regulations.

The company's debt-equity ratio stood at 2.29, while maintaining a Capital Adequacy Ratio of 30.32%. Gross NPA remained controlled at 1.11%, with Net NPA at 0.60%, indicating strong asset quality management.

These robust financial results position Capri Global Capital for continued growth in the financial services sector, supported by its diversified business model and strategic expansion initiatives.

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