Investment20 Feb 2026, 11:55 am
Capfin India Ltd. Approves Private Placement of 16,10,000 Equity Shares and Capital Increase
AI Summary
Capfin India Ltd. announced the outcome of its board meeting held on February 20, 2026. The board approved the issuance of 16,10,000 equity shares on a private placement cum preferential basis at a price of Rs. 32.88 per share. The company also proposed to increase its authorized share capital, subject to the approval of members. The notice of postal ballot to obtain members' approval for these agenda items was also approved.
Key Highlights
- Capfin India Ltd. to issue 16,10,000 equity shares on private placement cum preferential basis
- Issue price set at Rs. 32.88 per equity share
- Company to increase authorized share capital, subject to member approval
- Notice of postal ballot approved for obtaining members' approval
- Investors include Abhishek Narbaria, Umesh Kumar Sahay, Nautilus Private Capital Ltd, Magnifica Global Opportunities VCC - Mgo High Conviction Fund Incorporated Vcc Sub-Fund, and Rakesh Kumar Dwivedi