Capri Global Capital Limited has informed the Exchange about General Updates
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Capri Global Capital Limited has incorporated a new wholly owned subsidiary called Capri Global Wealth Management Private Limited, receiving the Certificate of Incorporation from the MCA on July 15, 2025. The new entity will operate in the financial services sector, with plans to engage in stock broking, securities trading, investment advisory, portfolio management, and related activities across recognized exchanges like BSE and NSE. The subsidiary has been set up with an authorized capital of Rs. 1 lakh (10,000 equity shares of Rs. 10 each) and is yet to commence business operations. This follows the company's earlier communication dated June 30, 2025, regarding its intent to enter this new business line.
This is a strategic expansion move for Capri Global Capital into wealth management and broking services, potentially diversifying its revenue streams beyond its core lending business. For shareholders, it signals the company's intent to tap into India's growing capital markets and financial services space, though the subsidiary is yet to start operations and near-term financial impact is expected to be minimal.