Capital India Finance Ltd

Financing activity and key metrics

• Capital India Finance raises ₹100 crore via private placement of listed senior secured NCDs.
• Base issue ₹50 crore; green shoe option ₹50 crore; tenure 27 months; 10% coupon.
• NCDs will be listed on BSE Limited.
• Funds to support planned growth of CIFL's secured MSME and retail lending.
• Distribution network expanded to 46 branches across nine states.
• FY2026 assets under management rose 22% YoY to ₹1,227.37 crore.
• FY2026 disbursements rose 62% YoY to ₹753.54 crore.
• Q1 FY2027 standalone total income ₹69.53 crore; up 32% YoY.
• Capital adequacy ratio stood at 43.58% as of 30 June 2026.

Debt issuance

• The Securities Issuance Committee approved allotment of listed, rated, senior secured NCDs through private placement.
• Issue size: 100,000 NCDs of face value INR 10,000 each, totaling INR 100 crore.
• Base issue of INR 50 crore with green shoe option up to INR 50 crore.
• Tenure: 27 months; Allotment on Sept 29, 2026; Maturity on Dec 29, 2028.
• Coupon at 10% per annum, payable quarterly.
• Security: pari passu charge over standard loan receivables; minimum security cover 1.10x.
• NCDs to be listed on BSE Limited.

Capital India Finance Limited trading window closed from Oct 01, 2026 until the expiry of 48 hours after the unaudited Financial Results for the quarter and half year ended Sep 30, 2026 become generally available

Rating details

• Facility rated: Proposed Non-Convertible Debentures of INR 100 crore.
• Rating agency: Acuité Ratings and Research Limited.
• Rating assigned: ACUITE A-, long-term, with Stable outlook.
• Action: New rating.
• Date of rating: September 17, 2026; verification: Verified.

NCD private placement details

• Type: Non-Convertible Debentures (NCDs) via private placement.
• Total issue size up to INR 100 crore (base 50 crore, green shoe up to 50 crore).
• Listing: NCDs to be listed on BSE Limited.
• Tenure: 27 months; allotment and maturity dates to be determined by Board/Committee.
• Coupon: 10% per annum fixed, payable quarterly.
• Security: pari passu charge over standard loan receivables with minimum 1.10x security cover.
• Instruments: senior, secured, transferable and redeemable NCDs.
• Investors: private placement; no investor names disclosed.

Resignation of CCO & Company Secretary

• Type/Person: Resignation of Sulabh Kaushal as Chief Compliance Officer and Company Secretary (KMP); effective Sept 07, 2026.
• Reason: resignation to pursue his own professional venture.
• Impact: No board/committee changes stated.
• Disclosure: Relationships with other directors or management: Not Applicable.

AGM Details

• Date and time: September 7, 2026, 11:30 AM to 12:03 PM IST.
• Mode: VC/OAVM; Deemed venue: Aggarwal Corporate Tower, New Delhi.
• Cut-off date for member entitlements: September 1, 2026.

Resolutions & outcomes

• Ordinary: Adopt standalone and consolidated financial statements for the year ended March 31, 2026; passed.
• Ordinary: Re-appoint Mr. Keshav Porwal as Director; passed.
• Special: Revise remuneration of MD from April 1, 2026; passed.
• Special: Raise funds by issuing debt securities; passed.
• Ordinary: Approve material related party transactions with Rapipay Fintech Private Limited; passed.

RPT & funding details

• Rapipay Fintech Private Limited identified as material subsidiary; related party transactions approved.
• Debt securities fundraising approved via issuance of debt securities.

Asset transfer

• Board approves transfer of RemitX forex assets to Kanji Forex Private Limited, subject to approvals.

Strategic realignment

• Transaction aligns CIFL with core lending strategy after RemitX divestiture to focus on MSME lending.

Key financials (Q1 FY27 and FY26)

• Q1 FY27 standalone total income rose 32% YoY to Rs 69.53 crore.
• FY26 AUM reached Rs 1,227.37 crore; disbursements Rs 753.54 crore.

Capital adequacy and network

• Capital adequacy at 40.99% (Mar 31, 2026) and 43.58% (Jun 30, 2026).
• Branch network expanded to 46 branches across nine states.

Asset transfer and timeline

• Board approved transfer of RemitX assets to Kanji Forex Private Limited.
• Completion expected by Oct 31, 2026, subject to regulatory approvals.
• APA for asset transfer executed between seller and buyer.

Financial terms

• Total consideration of INR 1,140 lakhs to seller.
• RemitX FY2025-26 turnover: INR 2,492.81 lakhs; net worth deployed: INR 2,825.50 lakhs.
• Net assets value of INR 2,777.83 lakhs not part of this transaction.

Regulatory and governance

• Not a related party transaction; arm's length terms.
• Regulation 37A not applicable; not a slump sale or scheme.
• Post-transfer, seller to apply for RBI AD-II surrender.

AGM notice and access

• Intimates 32nd AGM to be held Sep 7, 2026 at 11:30 IST via VC/OAVM
• Notice and Annual Report for 2025-26 available online; no physical copies unless requested

KYC and communications

• Email addresses not registered; shareholders to update PAN, KYC, and nomination details
• KYC update mandatory; via Depository Participant or KFintech per folio

Dividends and RTA contact

• Dividends to folios without updated PAN/KYC will be paid electronically after registration
• RTA contact: einward.ris@kfintech.com for queries; AGM notices and AR links provided

Notice accessibility

• Notice also available on BSE/NSE and KFintech portals