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Vibrant Global Capital Limited has announced the acquisition of a 65% equity stake in The Private Reserrve Capital Pvt. Ltd. for approximately Rs 6 crore. This acquisition makes the target company a subsidiary, establishing its presence in the wealth management business, including Portfolio Management Services (PMS), Category III Alternative Investment Funds (AIFs), and wealth advisory. The target company is a newly incorporated entity, yet to commence business operations. This strategic move expands Vibrant Global Capital's footprint into the financial services sector, with completion expected on or before June 30.