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SG Finserve LtdImportant, 23-01-2026: Company Update

23-01-2026 | 02:03 pm

SG Finserve Limited has announced the outcomes of its board meeting, approving the financial results for the quarter and nine months ended December 31, 2025. The company will invest up to ₹400 Cr to establish new subsidiaries, including an Asset Reconstruction Company requiring ₹300 Cr minimum capital, an Investment Manager for an AIF, Insurance Broking, and IT services. This strategic move significantly expands SG Finserve’s business offerings, complementing a recent amendment allowing for factoring business. The board also approved an Employee Stock Option Scheme for 2 Cr equity shares, pending shareholder approval, and appointed Mr. Lakshay Dudeja as Chief Compliance Officer.

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