ALPHA TRIBE

Jindal Capital LtdImportant, 27-08-2026: Company Update

27-08-2026 | 08:11 pm

Jindal Capital Limited has authorized a Rights Issue of up to Rs 20 crore to strengthen its capital base. This capital infusion will support the expansion of its core non-banking financial company (NBFC) activities, including Loan Against Property, Business, and Personal Loans, and fulfill general corporate needs. Promoters have indicated their intent to subscribe, potentially for additional shares. Applications for these new shares must be made electronically and cannot be withdrawn after the closing period. For the recent quarter, the company reported a net profit of Rs 0.32 crore and a net worth of Rs 12.54 crore. The company and its key personnel are not classified as wilful defaulters.

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