Capri Global Capital Limited has incorporated a wholly owned subsidiary, Capri Global Insurance Brokers Private Limited, effective December 2, 2025. This new entity will focus on insurance broking, advisory, and consultancy services. The authorized capital for the subsidiary is ₹75,00,000. This move signifies Capri Global’s expansion into new financial service areas.
Insurance Broking Expansion
Capri Global Capital Limited (CGCL) has officially announced the incorporation of a wholly owned subsidiary named Capri Global Insurance Brokers Private Limited (CGIBPL). The incorporation was finalized on December 2, 2025.
Subsidiary Details
The newly formed subsidiary, CGIBPL, has an authorized capital of ₹75,00,000, comprising 7,50,000 equity shares with a face value of ₹10 each. CGIBPL is a wholly owned subsidiary of Capri Global Capital.
Core Business Activities
Capri Global Insurance Brokers Private Limited is set to engage in a comprehensive range of insurance-related activities, including:
- Insurance broking.
- Advisory services.
- Consultancy services.
- Acting as a direct broker, reinsurance broker, or composite broker.
- Providing services for various insurance types, including life, general, health, motor, marine, property, fire, and casualty.
- Representing clients in negotiations with insurers, reinsurers, and regulatory authorities.
Strategic Objectives
The subsidiary aims to offer value-added services, such as risk inspections, claim auditing, and digital insurance solutions. It will also focus on technology integration and digital distribution to enhance its service offerings.
Source: BSE