Date: July 21, 2026

Board Meeting Outcomes

The Treasury Committee of the Board of Directors meeting held on July 21, 2026 (4:00 PM to 4:30 PM IST) approved two capital infusion decisions:

  • Investment of INR 60,84,51,000 (₹60.85 crore) in MobiKwik Distribution Services Private Limited (MDSPL), a wholly owned subsidiary, by way of subscription of shares in one or more tranches
  • Investment of INR 1,00,00,000 (₹1 crore) in MobiKwik Securities Broking Private Limited (MSBPL), a wholly owned subsidiary, by way of subscription of shares in one or more tranches

Disinvestment / Strategic Actions

Investment in MobiKwik Distribution Services Private Limited (MDSPL)

  • Target Entity: MobiKwik Distribution Services Private Limited (formerly MobiKwik Credit Private Limited)
  • Industry: Other Financial Services
  • Investment Amount: INR 60,84,51,000 (₹60.85 crore)
  • Consideration: Cash
  • Percentage Holding: Will maintain 100% stake post-investment
  • Business: Provides loan sourcing, distribution, and facilitation services as an intermediary with banks, financial institutions, and NBFCs through digital platforms
  • Incorporation Date: June 1, 2018
  • Turnover: Nil for last 3 years
  • Country of Presence: India
  • Completion Timeline: By August 10, 2026 in one or more tranches
  • Related Party Transaction: Yes, at arm's length
  • Government Approvals: Not applicable

Investment in MobiKwik Securities Broking Private Limited (MSBPL)

  • Target Entity: MobiKwik Securities Broking Private Limited
  • Industry: Securities Broking Company
  • Investment Amount: INR 1,00,00,000 (₹1 crore)
  • Consideration: Cash
  • Percentage Holding: Will maintain 100% stake post-investment
  • Business: Dealing in shares, stocks, securities, debt instruments, commodities, currencies and their derivatives; acting as stock and commodity broker
  • Incorporation Date: March 3, 2025
  • Turnover: Nil (first financial year ended March 31, 2026)
  • Country of Presence: India
  • Completion Timeline: By August 10, 2026 in one or more tranches
  • Related Party Transaction: Yes, at arm's length
  • Government Approvals: Not applicable

Contextual Background

The investments follow a Special Resolution passed by members on July 2, 2026, approving variation in objects/terms of utilization of IPO proceeds and extension of time limits for utilization. The ₹60.85 crore investment in MDSPL specifically fulfills the revised Object-1 of the IPO proceeds utilization plan to operate as a Lending Service Provider (LSP).