Divestment11 Aug 2025, 06:31 pm
Capital India Finance Ltd Divests Entire Stake in Capital India Home Loans to Weaver Services for INR 266.53 Crore
AI Summary
Capital India Finance Ltd (CIFL) has successfully divested its entire equity stake in its subsidiary, Capital India Home Loans Limited (CIHL), to Weaver Services Private Limited for a total consideration of INR 266.53 crore. This strategic move allows CIFL to focus on its core lending vertical and unlock value for its stakeholders. CIHL, under Weaver's stewardship, is expected to continue its strong growth trajectory.
Key Highlights
- CIFL divests entire stake in its subsidiary, CIHL, for INR 266.53 crore
- Strategic decision to realign business priorities and focus on core lending segments
- CIHL to continue strong growth under Weaver's stewardship
- Weaver backed by well-known investors like Premiji Invest, Gaja Capital
- Transaction marks CIFL's commitment to providing tailored credit solutions to MSMEs, professionals, and retail customers