Golden Legend Leasing Incorporates Wholly Owned Subsidiary Gullakkart Private Limited

Golden Legend Leasing & Finance Ltd has announced the successful incorporation of its Wholly Owned Subsidiary (WOS), Gullakkart Private Limited. This move is a significant step in the company's strategy to enhance its digital financial services ecosystem and expand its technology-enabled lending business. The WOS will focus on digital payment solutions and plans to apply for a Prepaid Payment Instrument (PPI) Licence from the RBI. This initiative is expected to complement the company's existing lending operations by providing digital payment facilities, improving customer convenience, and strengthening its tech-driven lending platform.