Capri Global Capital Limited has informed the Exchange regarding 'Financial Results- June 30, 2025- OCR Format'.
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Capri Global Capital Limited's Board met on August 1, 2025 and approved the unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended June 30, 2025). The statutory auditors (MSKA & Associates) issued an unmodified (clean) opinion on the limited review. The company disclosed no deviation or variation in the use of proceeds from its non-convertible debenture (NCD) issuances, with total NCD proceeds of Rs. 220 crore (Rs. 150 cr from LIC in 2019 and Rs. 70 cr from various investors in FY25) fully utilized for stated purposes. The company also confirmed zero defaults on loans or debt securities. Based on RBI guidelines requiring NBFCs with assets over Rs. 15,000 crore to have joint statutory auditors, the Board approved the appointment of M/s Singhi & Co. as Joint Statutory Auditor for a 3-year term, subject to shareholder approval. Additionally, CFO Mr. Partha Chakroborthi resigned (effective Aug 1, 2025) to take up the CFO role at subsidiary Capri Global Housing Finance Limited, and Mr. Kishore Lodha was appointed as the new CFO.
For shareholders: The clean audit opinion and zero debt defaults signal financial stability. The CFO transition is internal with the outgoing CFO moving to a subsidiary, ensuring continuity. The appointment of a second auditor (Singhi & Co.) is regulatory-driven (RBI mandate for NBFCs above Rs. 15,000 crore asset size) and reflects the company's growing scale, which is broadly positive but adds compliance complexity. No material negative signals identified.