Capri Global Establishes New Subsidiary to Enter Merchant Banking Sector

Mumbai, 9 July 2025: Capri Global Capital Ltd (NSE: CGCL, BSE: 531595) has taken a strategic step towards expanding its footprint in capital markets by incorporating a wholly owned subsidiary—Capri Global Financial Services Private Limited (CGFSPL). The new entity is set to operate in the merchant and investment banking segment, positioning Capri Global for deeper engagement in financial advisory and capital market services.

Capri Global Secures Regulatory Nod for New Subsidiary

On 8 July 2025 at 6:16 PM, the Ministry of Corporate Affairs issued the Certificate of Incorporation for CGFSPL, formally marking its creation. Entirely owned by Capri Global Capital Ltd, CGFSPL is yet to begin operations and will initially focus on merchant banking and investment banking services.

Details of the Incorporation

Particulars	Details
Name of Subsidiary	Capri Global Financial Services Private Limited (CGFSPL)
Date of Incorporation	July 8, 2025
CIN	U66120MH2025PTC452127
Shareholding	100% owned by Capri Global Capital Ltd
Authorized Share Capital	₹1,00,000 (10,000 equity shares of ₹10 each)
Regulatory Filing	Regulation 30 of SEBI (LODR), 2015
Business Commencement Status	Yet to commence
Sector	Merchant Banking / Investment Banking

New Subsidiary to Focus on Capital Market Services

CGFSPL has been created with a clear mandate to offer a wide range of services in alignment with SEBI (Merchant Bankers) Regulations, 1992. The company will apply for all the requisite regulatory approvals and licenses to function as a Category I Merchant Banker.

Proposed Business Activities:

• Managing IPOs, FPOs, QIPs, buybacks, rights issues, and open offers
• Acting as lead managers, underwriters, advisors, and arrangers
• Offering strategic financial advice for mergers, acquisitions, takeovers, and divestitures
• Participating in the placement and distribution of equity, debt instruments, structured products, REITs, and InvITs
• Conducting due diligence, valuations, credit analysis, and project finance evaluations
• Ensuring full compliance with SEBI, RBI, and other statutory authorities

The formation of CGFSPL is part of Capri Global’s long-term vision to strengthen its role in India’s financial services ecosystem by entering the regulated space of merchant banking.

No Acquisition or Share Swap Involved in Formation

The incorporation of CGFSPL was executed without any external acquisition, governmental approval, or share swap mechanism. Since this is an internal formation, the cost of acquisition is not applicable. The entity has not commenced operations and currently has no turnover or financial history.

Capri Global Capital Diversifies into Investment Banking

Capri Global Capital Ltd, a listed NBFC, currently operates in lending verticals including MSME loans, gold loans, home loans, and construction finance. With shares listed on both NSE and BSE under the ticker CGCL, the company has continually sought new avenues for diversification. The establishment of CGFSPL signals its entry into the merchant banking domain, reflecting a focused effort to tap into capital market opportunities and offer integrated financial services.

REF:https://nsearchives.nseindia.com/corporate/CGCL_08072025200009_Receipt_of_Certificate_of_Incorporation_Signed.pdf

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