M/S Dhanayu Finance Private Limited, associate company of the Dharni Capital Services Limited has been granted license from RBI to operate as NBFC Company
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Dharni Capital Services Limited has informed BSE that its associate company, Dhanayu Finance Private Limited, has been granted a Certificate of Registration by the Reserve Bank of India to operate as a Non-Banking Financial Company (NBFC). Dharni Capital holds a 49.28% stake (Rs. 61.11 lakh) in Dhanayu Finance, with no change in this shareholding or control. The company states the licence is expected to strengthen the associate's business operations. However, Dharni Capital clarifies there is no immediate impact on its own financial position.
Indirect positive development — the NBFC licence could enhance the value of Dharni's ~49% stake in Dhanayu Finance over time, but the company itself has stated no immediate financial impact on its books.