Dhruva Capital Services
225.95
+1.95(+0.87%)
Market Cap₹162.50 Cr
PE Ratio-81.45
Company Performance:
1D+0.87%
1M+29.34%
6M+46.39%
1Y-5.46%
5Y+10,868.45%
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More news about Dhruva Capital Services
18Sept 25
Dhruva Capital Services Announces Strategic Merger with Microfinance Lender Vector Finance
Dhruva Capital Services Limited announced a strategic merger with Vector Finance Private Limited, approved by the board on September 18, 2025. Vector Finance has an AUM of Rs 390.23 crore and operates in six states. The merger aims to combine Dhruva Capital's financial expertise with Vector Finance's microfinance presence, expanding into underpenetrated markets, reducing borrowing costs, and potentially lowering interest rates for customers. The combined entity will offer a diverse range of financial products and services, targeting inclusive growth in underserved markets.
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13Sept 25
Dhruva Capital Services Appoints Shreeram Bagla as CFO, Approves Merger with Vector Finance
Dhruva Capital Services Limited has appointed Mr. Shreeram Bagla as CFO effective September 12, 2025. The company also approved a merger with Vector Finance Private Limited, with a 1:1 share exchange ratio and an appointed date of September 1, 2025. Post-merger, Dhruva Capital will issue 17,50,000 sweat equity shares to Mr. Bagla. The merger aims to create a larger entity with greater operational efficiency and enhanced shareholder value, subject to regulatory approvals.
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12Sept 25
Dhruva Capital Services Approves Merger with Vector Finance, Promoter Pledges Stake
Dhruva Capital Services Limited's Board approved a merger with Vector Finance Private Limited at a 1:1 share exchange ratio. The merger aims to create operational efficiencies and economies of scale. Separately, promoter Rachna Suman Shaw pledged 5,40,000 shares (13.29% of total share capital) to HDFC Bank Limited for personal use. The pledged shares represent 49.98% of Shaw's total holding in the company.
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09Sept 25
Dhruva Capital Services to Consider Merger with Vector Finance in Upcoming Board Meeting
Dhruva Capital Services Limited has scheduled a board meeting on September 12, 2025, to consider and potentially approve a merger with Vector Finance Private Limited. The merger would involve Vector Finance as the Transferor Company and Dhruva Capital as the Transferee Company. The proposal requires approvals from the National Company Law Tribunal, shareholders, and creditors of both companies. Shreeram Bagla, Whole-time Director of Dhruva Capital, signed the official intimation to the BSE.
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25Jul 25
Dhruva Capital Services Reports Q1 Net Loss Despite Revenue Growth
Dhruva Capital Services Limited reported a net loss of Rs 53.62 lakh for Q1 FY2024, compared to a profit of Rs 31.56 lakh in Q1 FY2023. Revenue from operations increased by 72.4% to Rs 79.18 lakh. The loss was primarily due to a Rs 55.57 lakh provision for Non-Performing Assets and increased expenses. Total expenses rose to Rs 78.17 lakh from Rs 5.00 lakh year-over-year. The company appointed M/s Vikash Chamaria & Company as internal auditor and CS Niaz Ahmed as secretarial auditor. No dividend was proposed for the quarter.
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Dhruva Capital Services
225.95
+1.95
(+0.87%)
1 Year Returns:-5.46%
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