Type of Deal: Rights Issue subscription in wholly-owned subsidiary
Stake/Capacity: No change in shareholding percentage - remains 100% wholly-owned subsidiary. Company acquired 49,869 equity shares.
Deal Value: ₹24,99,93,297 (Indian Rupees Twenty Four Crore Ninety Nine Lakh Ninety Three Thousand Two Hundred and Ninety Seven only)
Funding Source: Cash consideration
Financial Impact:
Investment intended to fund SFNPL's working capital requirements
Support growth opportunities
Enable further investments in step-down subsidiaries
SFNPL's paid-up capital post-infusion: ₹3,23,14,480
SFNPL turnover as on March 31, 2026: ₹1,89,74,69,654
Historical turnover:
March 2024: ₹1,897.5 million
March 2025: ₹1,967.7 million
March 2026: ₹1,983.9 million
Timeline: Transaction completed on October 21, 2026
Strategic Rationale:
Fund working capital requirements of SFNPL
Support growth opportunities of SFNPL
Enable further investments in SFNPL's step-down subsidiaries
SFNPL operates in Financial Technology industry, facilitating financial transactions through systems infrastructure including payment processing, providing end-to-end technology integrated solutions, and selling transaction-related infrastructure
Approval Status: Completed transaction, no governmental or regulatory approvals required
Transaction Details:
Not a related party transaction
Promoter/promoter group/group companies have no interest in the entity being acquired
Transaction conducted at arm's length
SFNPL incorporated on March 12, 2008 under Companies Act, 1956
