Tata Capital acquires 88.6% stake in YOGLOANS
after close1 source ↓written by the desknot a recommendation
- in Kerala-based Yogakshemam
- 88.6% majority stake
Tata Capital Limited has acquired an 88.6% majority stake in Kerala-based Yogakshemam Loans Limited, known as YOGLOANS. This acquisition allows Tata Capital to enter the gold loan business, diversifying its retail lending portfolio. Khaitan & Co provided legal advice for the transaction, enhancing Tata Capital's position in the financial services sector.
Not investment advice. For informational purposes only.