Acquisitions2 Jun 2026, 06:01 pm
Vibrant Global to acquire 65% stake in wealth manager for ₹6 Cr
AI Summary
Vibrant Global Capital Ltd. announced the proposed acquisition of a 65% equity stake in The Private Reserrve Capital Pvt. Ltd. for approximately ₹6 crore. The target company, yet to commence operations, will engage in Portfolio Management Services (PMS), Category III Alternative Investment Funds (AIFs), and wealth advisory. This acquisition will make the target company a subsidiary of Vibrant Global Capital Ltd. and is expected to be completed by June 30, 2026, subject to necessary SEBI approvals.
Key Highlights
- Vibrant Global Capital to acquire 65% equity stake in The Private Reserrve Capital Pvt. Ltd.
- The acquisition is valued at approximately ₹6 crore.
- Target company will operate in wealth management, PMS, and AIFs.
- The acquisition is expected to be completed by June 30, 2026.
- The target company will become a subsidiary, pending SEBI approvals.
Price Impact
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