Capital India Finance has divested entire equity stake in its subsidiary, Capital India Home Loans (CIHL), to Weaver Services (Weaver) for a total consideration of Rs 266.53 crore. This transaction marks a strategic move for Capital India Finance, enabling the company to sharpen focus on its core lending vertical and to unlock value for its stakeholders.
Capital India Finance (CIFL) is a Systemically Important Non-Deposit-Taking NBFC (NBFC-ND-SI) specializing in tailored loan products for MSMEs. It provides, data driven, customized financing solutions for millions of micro, small and medium businesses, traders, and self-employed individuals who may lack access to traditional financial avenues.
