Capri Global to issue NCDs, establishes new subsidiaries

Capri Global Capital (BSE:CGCL) announced today its board of directors has approved raising funds through the issuance of redeemable, rated, secured, and listed non-convertible debentures (NCDs) up to a maximum of INR 1,000 Crore. The details on interest rate, schedule of payments, and security are yet to be finalized. In related news, the company is also in the process of incorporating two wholly-owned subsidiaries to expand its business activities. The new subsidiaries, "Capri Global Financial Services Private Limited" and "Capri Global Wealth Management Private Limited", received name approval from the Ministry of Corporate Affairs on June 30, 2025.