Acquisitions26 Nov 2025, 08:01 pm
Pro Fin Capital Services Ltd Receives Non-Binding Lol from Excellence Creative Limited for Potential 25% Stake Acquisition
AI Summary
Pro Fin Capital Services Ltd announced that its Board of Directors received a non-binding Letter of Intent (Lol) from Excellence Creative Limited, Hong Kong, expressing interest in acquiring up to 25% of the equity share capital of the Company at a proposed price of INR 22 per share. The Board has accepted the receipt and evaluation of the proposal and authorized the Company to proceed with due diligence, engage independent advisors, and evaluate regulatory pathways. The Lol remains non-binding, and any definitive proposal will be subject to further Board deliberations, due diligence outcomes, regulatory permissions, and legally binding agreements.
Key Highlights
- Pro Fin Capital Services Ltd received a non-binding Letter of Intent (Lol) from Excellence Creative Limited, Hong Kong, for potential 25% equity share acquisition.
- The Board accepted the receipt and evaluation of the proposal and authorized the Company to proceed with due diligence, engage independent advisors, and evaluate regulatory pathways.
- The Lol remains non-binding, and any definitive proposal will be subject to further Board deliberations, due diligence outcomes, regulatory permissions, and legally binding agreements.
- The proposed acquisition price is INR 22 per share.
- The Company will make further disclosures as and when material developments occur.