Main Disclosure – Disinvestment Details
Target Entity:
The Company's Lending Services Provider Business ("LSP Business") forming part of financial services business
Counterparty/Buyer:
MobiKwik Distribution Services Private Limited (formerly known as Mobikwik Credit Private Limited) ("MDSPL"), wholly owned subsidiary of the Company
Mode of Consideration:
Allotment of Non-Convertible Debentures (NCDs)
Valuation or Price Basis:
Based on the book value of assets and liabilities of the LSP Business determined as on the appointed date of August 18, 2026
Transaction Details:
- Date of Discharge: September 28, 2026
- Instrument Allotted: 14,71,07,912 (Fourteen Crore Seventy-One Lakh Seven Thousand Nine Hundred and Twelve Only) Unrated, Unlisted, Unsecured, Redeemable, Non-Convertible Debentures
- Face Value: ₹10/- (Rupees Ten Only) each
- Total Consideration: ₹1,47,10,79,126/- (Rupees One Hundred and Forty-Seven Crore Ten Lakh Seventy-Nine Thousand One Hundred and Twenty Six Only)
- Transaction Type: Slump sale pursuant to Business Transfer Agreement
Other Updates:
No other disclosures are present in the document beyond the completion of the NCD allotment for the LSP Business slump sale.