TATACAP

TATA CAPITAL: TO ACQUIRE 88.6% STAKE IN YOGAKSHEMAM LOANS 🏦🤝 • 📑 Board approved acquisition of ~88.6% stake in Yogakshemam Loans Ltd through a Securities Subscription & Purchase Agreement (SSPA) • 💰 Deal includes purchase of shares from existing shareholders and subscription to fresh equity, subject to regulatory approvals • 🏦 Target is a Base Layer NBFC focused on gold loans, with ~₹708 crore AUM and branch network across Kerala, Karnataka, Tamil Nadu and Andhra Pradesh • 📈 FY26 target financials: Revenue ₹140.39 crore and PAT ₹14.21 crore • ⏳ Transaction is expected to be completed within 8 months, including RBI approval 🟢 Impact: Positive (Acquisition strengthens Tata Capital's retail lending franchise and expands its presence in the gold loan segment.)