Capri Global Capital Limited has informed the Exchange about issue of Securities
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The Board of Capri Global Capital Limited has approved raising the company's aggregate borrowing limit from Rs. 15,000 crore to Rs. 25,000 crore. As part of this, the company plans to issue Non-Convertible Debentures (NCDs) via private placement of up to Rs. 1,000 crore, in one or more tranches. The increase in borrowing limits is subject to shareholder approval at the upcoming Annual General Meeting. The disclosure was filed with both BSE and NSE on May 5, 2025.
This signals an expansion of the company's debt-raising capacity, which could fuel further lending growth. For shareholders, it means potential dilution of future earnings due to higher interest expenses, and the borrowing limit hike requires their approval at the AGM.