Intimation under regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015
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Apollo Finvest India has launched a new mobile application called 'Apollo Cash' on the Google Play Store, targeted at salaried individuals seeking short-term unsecured personal loans. The app allows users to apply for loans, track application status in real time, view transaction history, and manage repayments through a digital interface. The company describes this as part of its strategy to enhance operational efficiency, expand customer reach, and strengthen engagement using digital technology. No financial targets, loan portfolio size, or revenue impact figures were disclosed in the filing.
This is a product/digital expansion move into the retail personal loan segment, which could support future loan-book growth if user adoption picks up, but the announcement contains no quantitative guidance for shareholders to gauge near-term impact on earnings or stock price.