StockWatch
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Non Banking Financial Company (NBFC)
Investment30 Sept 2026, 07:10 pm

Kiran Vyapar Invests ₹11.86 Cr in Greshma Finvest

AI Summary

Kiran Vyapar Limited has subscribed to 85,966 equity shares of Greshma Finvest Private Limited (GFPL), representing 0.68% of GFPL's post-issue paid-up equity share capital. The total consideration for this investment does not exceed ₹11,86,33,080 (INR Eleven Crores Eighty Six Lakhs Thirty Three Thousand Eighty only). GFPL is an NBFC-NDSI registered with the RBI. This strategic acquisition aims to expand Kiran Vyapar's investment and financial services activities. The transaction is not a related party transaction and does not require governmental or regulatory approvals. The acquisition is subject to the allotment of equity shares by GFPL's Board.

Key Highlights

  • Kiran Vyapar invests ₹11.86 Cr in Greshma Finvest.
  • Acquisition represents 0.68% of GFPL's post-issue capital.
  • GFPL is an NBFC-NDSI registered with the RBI.
  • Strategic move to expand investment and financial services.
  • No governmental or regulatory approvals required.