CGCLNSECapri Global Capital LimitedHighPositive
Announced Fri, 26 Sept · 19:38 IST

Capri Global Capital Limited has informed the Exchange regarding 'Proceedings of 31st Annual General Meeting'.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Capri Global Capital Limited held its 31st AGM on September 26, 2025, via video conferencing, attended by 47 members. All resolutions were passed with the requisite majority. Key items approved include the adoption of FY25 audited financial statements, declaration of a final dividend on equity shares for FY2024-25, re-appointment of Mr. Rajesh Sharma as Director, and appointment of M/s Singhi & Co as Joint Statutory Auditors. The record date for the dividend is September 11, 2025, with payment to be made on or after September 30, 2025. Shareholders also approved raising borrowings up to Rs. 25,000 crore, creating charges on assets up to Rs. 25,000 crore, converting loans into equity up to Rs. 25,000 crore, and raising funds through securities up to Rs. 2,000 crore. The e-voting results and scrutinizer's report will be filed separately.

Likely market impact

The approval of significantly higher borrowing and fund-raising limits (up to Rs. 25,000 crore and Rs. 2,000 crore respectively) suggests the company is preparing for substantial business expansion, likely in its lending operations. The dividend declaration is positive for shareholders, though the actual yield cannot be assessed from this filing.