'Intimation under the Securities and Exchange Board of India (Listing Obligations and Disclosure…
As filed · Capri Global Capital Limited has informed the Exchange regarding 'Intimation under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as ame
What happened
FactCapri Global Capital Limited has informed the Exchange regarding 'Intimation under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended ( SEBI Listing Regulations ) in relation to early closure of the public issuance by Capri Global Capital Limited ( Company ) of up to 40,00,000 secured, rated, listed, redeemable non-convertible debentures of face value of ₹ 1,000 each amounting up to ₹ 2,000…
Why it matters
CapitSignal interpretationRaising capital changes the share count or the debt load, and the stated use of proceeds is a commitment that can later be checked.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Capex
DelayedWe have set ourselves an ambitious, yet achievable, goal: to grow our assets under management from ₹360 Billion to over ₹1,250 Billion over the next five years.
By FY28. I think we are quite confident to deliver this on a consistent basis despite remaining on the expansion phase with 400 to 500 branch openings a year.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Instrument and amount finally raised
- Stated use of proceeds
- Whether the enabling resolution is actually used
- We are confident of achieving Rs 50,000 cores in AUM, RoAE of 16-18% and RoAA of 4.0 – 4.5% by FY28, creating (management committed by FY28)
- With strong capital position and continued investments in technology, we are well positioned to scale efficien (management committed by FY28)
Evidence
How CapitSignal classified this
- Reasoning:
- FUNDRAISE base 58; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%