Please find the attached intimation for acquisition of shares.
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LKP Finance Ltd's Management Committee approved on September 3, 2025 an investment of Rs. 80 crore in Mufinpay Payment Solutions Pvt Ltd, an unlisted company, by subscribing to equity shares on a private placement basis. LKP Finance will acquire a 9.58% stake at Rs. 5,000 per share (Rs. 10 face value + Rs. 4,990 premium). Mufinpay operates in IT/ITES and corporate reward and loyalty programmes, with a turnover of only Rs. 1.69 crore in FY25. The company was incorporated in May 2022 and is a subsidiary of LKP Finance's promoter group, making this a related party transaction, though conducted at arm's length. The investment is being made to support working capital and business expansion.
Shareholders should note that Rs. 80 crore is being deployed into a promoter-group related entity whose turnover is barely Rs. 1.7 crore, implying a very high valuation relative to current revenues. While the transaction is classified as arm's length, the steep premium and related-party nature may draw governance scrutiny from minority investors.