JV/AcquisitionAcquisition
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.
Tata Capital LimitedTATACAP · Filed with the exchange
This move marks Tata Capital's entry into the gold loan business, leveraging Yogloans' established network of 162 branches and ₹708 crore in Assets Under Management to diversify its retail lending portfolio.
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