Capfin India Approves ₹5.29 Crore Preferential Issue at ₹32.88 Per Share on February 20 Board Meeting

Capfin India Limited on February 20, 2026 notified BSE that its Board, at a meeting convened the same day, approved a preferential allotment of 16,10,000 equity shares at ₹32.88 apiece, aggregating ₹5,29,36,800, subject to shareholders’ approval, as per its Regulation 30 disclosure.

Board Signs Off on Equity Raise Through Preferential Route

The approval, disclosed in an exchange filing dated February 20, 2026, relates to the proposed issuance of 16,10,000 fully paid-up equity shares of face value ₹10 each. The company intends to raise funds via a private placement cum preferential allotment, a route typically used to induct identified investors without a public offering process.

The issue price has been fixed at ₹32.88 per share, which includes a premium of ₹22.88 over the face value. In its filing, the company said the pricing was determined in line with the Companies Act, 2013 and Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, which govern preferential issues by listed entities.

At the approved price, the total capital infusion would amount to ₹5.29 crore.

The proposal remains contingent upon approval from members, indicating that a shareholder resolution will be required before the allotment can be completed.

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. HO/49/14/14(7)/2025-CFD-POD2/1/3762/2026 dated January 30, 2026. The company appended the prescribed details in a tabulated annexure to the filing.

As per the annexure, the proposed allottees include promoters Abhishek Narbaria and Umesh Kumar Sahay, alongside non-promoter investors Nautilus Private Capital Ltd, Magnifica Global Opportunities VCC- Mgo High Conviction Fund Incorporated Vcc Sub-Fund, and Rakesh Kumar Dwivedi.

No convertible securities are involved in the transaction, and disclosures relating to post-conversion shareholding were marked as not applicable.

Company Background

Capfin India Limited is listed on BSE and operates in the financial services segment. As a listed entity, it is required to comply with periodic disclosure norms under the Listing Regulations, including prompt intimation of material Board decisions such as capital raising measures.

Preferential allotments, while dilutive to existing shareholders, are commonly undertaken to raise capital swiftly from strategic or financial investors, subject to regulatory pricing norms and shareholder oversight.

Conclusion

With Board approval now in place, Capfin India has initiated the process to raise ₹5.29 crore through a preferential issue priced at ₹32.88 per share. Completion of the transaction will depend on shareholder consent and subsequent allotment formalities in accordance with applicable regulatory provisions.

Source: https://www.bseindia.com/xml-data/corpfiling/AttachLive/105e8f69-4612-45ec-9b0f-b55e92f8d09d.pdf