Tata Capital To Acquire Majority Stake In Yogloans

16 Jul 2026 CW Team

Yogloans is a non-banking financial company (NBFC) headquartered in Kerala that operates 162 branches across Kerala, Karnataka, Tamil Nadu and Andhra Pradesh. The company reported assets under management of Rs 7.08 bn as of March 31, 2026 and serves around 32,000 gold loan customers. It has built strong capabilities in sourcing, underwriting and servicing over more than a decade in the gold loan business.

Under the proposed structure, Tata Capital will acquire the majority stake through a mix of primary capital infusion and share purchase from existing shareholders. The transaction is based on a pre-money equity valuation of Yogloans not exceeding Rs 3.18 bn, subject to customary adjustments, and includes a primary capital infusion of approximately Rs 930 mn to support growth plans. On completion, Tata Capital will hold approximately 88.6 per cent of the issued and paid up share capital on a fully diluted basis.

The proposed deal remains conditional on receipt of requisite regulatory approvals and satisfaction of customary closing conditions, and Tata Capital has indicated an intention to consolidate at an appropriate stage. Management expects to leverage Tata Capital's capital strength, technology and risk management frameworks to scale the platform and enhance operational efficiency across the branch network.

TCL leadership described the acquisition as an opportunity to combine Yogloans' market expertise with Tata Capital's brand to accelerate growth and improve customer experience. Yogloans' promoter and managing director will continue to lead the business and work closely with Tata Capital to build on the foundation created over the years and take the business to the next phase.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Tata Capital Ltd (TCL) has received board approval to acquire Yogakshemam Loans Limited (Yogloans), marking TCL's entry into the gold loan sector. The board approved the transaction on Monday and indicated the acquisition aligns with the group's strategy of building a diversified retail lending franchise. The all-cash proposal will add a secured lending capability to Tata Capital's retail lending operations. Yogloans is a non-banking financial company (NBFC) headquartered in Kerala that operates 162 branches across Kerala, Karnataka, Tamil Nadu and Andhra Pradesh. The company reported assets under management of Rs 7.08 bn as of March 31, 2026 and serves around 32,000 gold loan customers. It has built strong capabilities in sourcing, underwriting and servicing over more than a decade in the gold loan business. Under the proposed structure, Tata Capital will acquire the majority stake through a mix of primary capital infusion and share purchase from existing shareholders. The transaction is based on a pre-money equity valuation of Yogloans not exceeding Rs 3.18 bn, subject to customary adjustments, and includes a primary capital infusion of approximately Rs 930 mn to support growth plans. On completion, Tata Capital will hold approximately 88.6 per cent of the issued and paid up share capital on a fully diluted basis. The proposed deal remains conditional on receipt of requisite regulatory approvals and satisfaction of customary closing conditions, and Tata Capital has indicated an intention to consolidate at an appropriate stage. Management expects to leverage Tata Capital's capital strength, technology and risk management frameworks to scale the platform and enhance operational efficiency across the branch network. TCL leadership described the acquisition as an opportunity to combine Yogloans' market expertise with Tata Capital's brand to accelerate growth and improve customer experience. Yogloans' promoter and managing director will continue to lead the business and work closely with Tata Capital to build on the foundation created over the years and take the business to the next phase.

Real Estate

16 Jul 2026

VeARC leases 27,000 sq ft office space in Bengaluru

VeARC India has leased approximately 27,000 sq ft of office space at The Executive Centre's (TEC) Helios Business Park on Outer Ring Road (ORR), Bengaluru, to support the expansion of its Global Capability Centre (GCC) operations.The new workspace accommodates more than 450 workstations and is intended to support the company's growing workforce in India. VeARC India serves as the Global Capability Centre for Long Arc Capital.Located on Bengaluru's Outer Ring Road, the office provides access to one of the city's key technology and business corridors. The expansion comes amid continued growth in..

Real Estate

16 Jul 2026

Bharat Shah Family Buys Four Luxury Apartments In Worli For Rs1.8 bn

The family of veteran investor Bharat Shah has acquired four ultra-luxury apartments on the higher floors of Kalpataru One in Worli, South Mumbai, for Rs1.8 billion (bn). The purchases were registered on 6 July 2026 and were executed through Preeti Bharat Shah and Kinnari Bharat Shah, who bought the flats from Kalpataru Properties Limited. Property registration documents reviewed by Zapkey show the total consideration at Rs1.7941 billion. The transactions recorded a per square foot RERA carpet price of Rs0.101 million (mn), with each apartment valued at about Rs448.5 million. The four residenc..

Infrastructure Urban

16 Jul 2026

NITI Aayog Consultation On Critical Mineral Supply Chains

NITI Aayog convened a stakeholder consultation in New Delhi on Wednesday to assess requirements for critical minerals across strategic sectors, bringing together experts from government, research institutions, academia and industry. The meeting aimed to estimate current and future demand, identify supply chain vulnerabilities and discuss measures to strengthen domestic capabilities in exploration, processing and recycling. The exercise formed part of broader efforts to secure mineral value chains essential for economic growth, technological advancement and national security.\n\nDiscussions con..