Board of directors of Capri Global Capital Ltd (CGCL), a diversified Non-Banking Financial Company (NBFC), has approved issuance of non-convertible debentures (NCD) through public issue/private placement for an amount up to ₹500 crore in tranches.
The board has also approved stock split and 1:1 bonus issue.
The board of directors has approved sub-division of one equity share of the face value of ₹2 each fully paid-up into two equity shares of the face value of ₹1 each fully paid-up.
Company board also approved 1:1 bonus issue i.e. one new fully paid-up bonus equity share of face value of ₹1 each for every one fully paid-up equity share of face value of ₹1.
Company has fixed the record date as Tuesday, March 5, 2024, for the stock split and bonus, subject to the approval of shareholders.
For the Q3FY24 company has reported net profit of ₹68 crore, rise of 81.7% from the net profit of ₹37.4 crore reported in Q3FY23.
Asset under management of the company rose 54.4% to ₹13,362.1 crore as on Q3FY24, rise of 54.4% year-on-year from ₹8,654.5 crore in Q3FY23.
The company has inducted L V Prabhakar, Shishir Priyadarshi, and Nupur Mukherjee as additional independent directors on its Board of Directors subject to shareholder approval.
First Published: Feb 10, 2024 1:42 PM IST
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