Debt Fundraising (NCD / Borrowings)
Capri Global Capital Approves ₹10,000 Crore Increase in Borrowing Limits via NCD Issuance
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Capri Global Capital’s board has approved increasing its borrowing limit from ₹25,000 crore to ₹35,000 crore, enabling additional fund raising through non-convertible debentures (NCDs) and other debt instruments, subject to shareholder approval
PRICE-SENSITIVE TRIGGER
Event: Increase in Borrowing Limits & Debt Fundraising Approval
Type: Debt Fundraising (NCD / Borrowings)
Impact: Positive
Immediate Effect: Enhances capital availability for loan book expansion and supports future business growth
Key Metrics:
- Previous Borrowing Limit: ₹25,000 crore
- Revised Borrowing Limit: ₹35,000 crore
- Incremental Capacity: ₹10,000 crore
Highlight:
- Significant Funding Headroom: 40% increase in borrowing capacity
What Happened ?
Capri Global Capital Limited’s Board of Directors has approved an increase in the company’s aggregate borrowing limits by ₹10,000 crore.
This enables the company to raise funds through non-convertible debentures (NCDs), term loans, and other debt instruments in one or more tranches, subject to shareholder approval at the upcoming AGM.
key highlights
Fundraising Structure:
- Fundraising via:
- Non-Convertible Debentures (NCDs)
- Term loans
- Working capital facilities
- Can be raised in multiple tranches
- Modes include private placement and public issue
Purpose of Fund Raise:
- Support loan book growth
- Expand lending operations
- Strengthen liquidity position
- Meet future capital requirements
Execution Flexibility:
- Timing and quantum to be decided by Board/Committee
- No fixed issuance size yet
- Flexible structuring depending on market conditions
Regulatory & Approval Status:
- Approved by Board on April 30, 2026
- Subject to shareholder approval at AGM
- In compliance with Companies Act & SEBI LODR
Nature of Instrument:
- Primarily debt (non-dilutive)
- No equity dilution
- Interest-bearing obligations
Note:
Final borrowing mix and cost will depend on market conditions and execution timing
Risk Analysis
Key Risks
- Higher debt levels → increased leverage risk
- Interest cost impact on profitability
- Dependence on asset quality for returns
- Execution risk if capital is not efficiently deployed
Worst Case Scenario
- If credit growth slows or asset quality deteriorates, higher leverage could pressure profitability and balance sheet stability
Risk Level: Medium
Company Commentary
- Borrowing limit increase approved to enable future funding needs
- Funds to be raised in tranches as required
- Subject to shareholder approval
- No dilution of equity
Official Exchange Filing: Capri Global Capital Limited