Capital India Finance Ltd to Complete Divestment in Capital India Home Loans Limited within 60 Days

Capital India Finance Limited (CIFL) has announced that it is in the process of fulfilling the remaining conditions under the Share Purchase Agreement (SPA) dated October 16, 2024, for the divestment of its entire stake in Capital India Home Loans Limited (CIHL) to Weaver Services Private Limited. The transaction is expected to be completed within the next 60 days, i.e., by August 29, 2025. The company has received requisite approvals from the Reserve Bank of India on May 20, 2025, and May 23, 2025. CIFL will continue to keep stakeholders and regulatory authorities informed about further material developments.