Capri Global Capital to establish new insurance broking subsidiary

Capri Global Capital Limited (CGCL) announced on November 19, 2025, its intention to incorporate a wholly-owned subsidiary, Capri Global Insurance Brokers Private Limited (CGIBPL). The new entity will operate in the insurance broking, advisory, and consultancy services sector. The proposed authorized capital for CGIBPL is INR 7,500,000, comprising 750,000 equity shares of INR 10 each.

CGIBPL aims to engage in all aspects of insurance broking, including direct, re-insurance, and composite broking, serving individuals, corporates, and governmental entities. Its services will encompass negotiations with insurers, claims processing, risk assessment, and the development of technology platforms to support the insurance ecosystem. The company plans to act as an intermediary, maintaining necessary licenses and complying with regulatory requirements from bodies like IRDAI.

The new subsidiary, which will be incorporated in India, is currently not applicable for size or turnover as it has yet to commence business operations. CGCL has already received approval for the name "Capri Global Insurance Brokers Private Limited" from the Ministry of Corporate Affairs.