Capri Global Capital gains on planning for fund raising
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Capri Global Capital is currently trading at Rs. 653.00, up by 15.85 points or 2.49% from its previous closing of Rs. 637.15 on the BSE.
The scrip opened at Rs. 643.15 and has touched a high and low of Rs. 653.50 and Rs. 641.65 respectively. So far 1109 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 805.50 on 20-Apr-2022 and a 52 week low of Rs. 451.00 on 21-Dec-2021.
Last one week high and low of the scrip stood at Rs. 735.00 and Rs. 626.90 respectively. The current market cap of the company is Rs. 11443.96 crore.
The promoters holding in the company stood at 74.72%, while Institutions and Non-Institutions held 6.82% and 18.46% respectively.
Capri Global Capital is planning for fund raising by way of equity shares or other securities through rights issue and/or private placement including issuance of Foreign Currency Convertible Bonds, qualified institutions placement or any other method as may be permitted under applicable law, subject to such regulatory/statutory approvals as may be required including shareholders' approval, if applicable.
The meeting of the Board of Directors of the Company is scheduled on May 21, 2022 to consider and approve the same.
Capri Global Capital is engaged in the business of providing loans to Micro, Small and Medium Enterprises (MSMEs), providing long term finance for construction of residential houses in India, retail Lending in India and in providing ancillary services related to the said business activities.
