Capri Global Capital Limited announced the completion of its investment in its wholly-owned subsidiary, Capri Global Housing Finance Limited (CGHFL), through a Rights Issue. On March 23, 2026, CGHFL allotted 72,99,270 fully paid-up Equity Shares to the parent company at an issue price of Rs. 274/- per share, including a premium. This transaction, amounting to an investment of Rs. 200 crore, ensures Capri Global Capital maintains 100% shareholding in CGHFL.
Subscription to Subsidiary Rights Issue Finalized
Capri Global Capital Limited has formally confirmed the allotment of equity shares in its wholly-owned subsidiary, Capri Global Housing Finance Limited (CGHFL), following a Rights Issue previously intimated on January 29, 2026. The Management Committee of CGHFL approved the allotment on March 23, 2026.
Key Allotment Details
- Shares Allotted: 72,99,270 fully paid-up Equity Shares.
- Face Value: Rs. 10/- per share.
- Issue Price: Rs. 274/- per share.
- Premium Component: Rs. 264/- per share (Securities Premium).
- Total Investment: The total consideration relates to the earlier announced investment of Rs. 200 crore.
Impact on Shareholding
As a result of this allotment, the shareholding of Capri Global Capital Limited in CGHFL has increased from 7,88,08,203 Equity Shares to 8,61,07,473 Equity Shares. Despite the new issuance, the Company confirms that its shareholding/control in CGHFL remains at 100% following this capital infusion.
Rationale and Governance
The purpose of acquiring these shares is to meet general business requirements, address Working Capital needs, and support the expansion of Business activities and repayment of Loan for CGHFL. The transaction was conducted on an arm’s length basis, based on an independent valuation report. Furthermore, this related party transaction received prior approval from both the Audit Committee and the Board of Directors on January 29, 2026.
Target Entity Profile (CGHFL)
Capri Global Housing Finance Limited operates in the Housing Finance industry. As of March 31, 2025, the company reported a Turnover of Rs. 606.88 Cr. and a Net Worth of Rs. 839.24 Cr. CGHFL was incorporated on April 17, 2006, and its business activities are aligned with the main business line of the listed entity.
Source: BSE
