Tata Capital is acquiring an 88.6% stake in Yogakshemam Loans Limited ("Yogloans") for a cash consideration based on a pre-money equity valuation not exceeding ₹318 crore, with an approximate ₹93 crore primary infusion. This move marks Tata Capital's entry into the gold loan business, leveraging Yogloans' established network of 162...
Tata Capital is investing ₹6,500.02 Cr in its wholly-owned subsidiary, Tata Capital Housing Finance Limited (TCHFL). This capital infusion is aimed at supporting TCHFL's book growth and maintaining its capital adequacy and debt-to-equity ratios. This strategic move strengthens a key business segment for Tata Capital without altering its ownership structure...
