This is to inform you that the Company has agreed to acquire 5% of the paid-up share capital in Altstar Capital Management Private Limited ("ACMPL") a private limited company incorporated ....
KIRANVYPAR · price
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Kiran Vyapar Limited, an NBFC registered with RBI and part of the LN Bangur Group, has agreed to acquire a 5% stake in Altstar Capital Management Private Limited (ACMPL), a Mumbai-based company in the real estate services sector. The total investment will not exceed ₹7.03 crore through subscription of securities, paid in cash. ACMPL was incorporated in November 2022 and reported a turnover of about ₹16 lakh and a loss of around ₹72 lakh in FY25, with a net worth of about ₹2.66 crore. The deal is not a related party transaction, requires no government approvals, and is subject to customary conditions in the Investment Agreement signed on 5 December 2025. The acquisition is described as strategic and aimed at helping Kiran Vyapar expand its investment and financial services activities.
This is a small, strategic minority investment (5%) of around ₹7 crore and is unlikely to move the stock price significantly on its own. It signals the company's intent to grow its financial services footprint, but investors should note that the target is a small, loss-making entity in real estate services.