Capri Global Capital Ltd reported a 250 per cent year-on-year (yoy) jump in fourth quarter standalone net profit at ₹42 crore.
Total assets of the company, which provides MSME and housing loans, increased by 27 per cent yoy to ₹3,532 crore as at March-end 2019.
The company’s Board approved a rights issue of up to two crore equity shares of ₹2 each.
The Board also approved Qualified Institutional Placement of about ₹1,000 crore and the issue of Non-Convertible Debentures to the extent of ₹1,000 crore on private placement basis, subject to shareholders’ approval at the ensuing annual general meeting.