Capital India Finance Limited announces Listing on National Stock Exchange

Capital India Finance Limited (BSE: CIFL | 530879 | INE345H01024), a Non-Banking Financial Company, is pleased to announce its listing on the National Stock Exchange of India Limited ("NSE"), effective the 17th of April 2025.

This strategic move marks a significant milestone in the Company's growth journey and reflects its commitment to enhancing long term shareholder value and increasing accessibility for a broader investor base.

Capital India Finance Limited's equity shares, currently listed on the BSE, will now also be available for trading on the NSE under the same ticker symbol CIFL.

72.95 percent of CIFL's equity is held by Capital India Corp Private Limited (CICPL). CICPL is a Core Investment Company registered with the RBI and is promoted by Mr. Sumit K. Narvar. Mr. Narvar is a first-generation entrepreneur, who has mentored and built businesses in Fintech and Financial services space along with development of residential and commercial real estate projects majorly in North and Western part of India. CIFL has strategic Investments from Dharampal Satyapal (DS) Group, RJ Corp Group, DLF Group and Sudhir Power Limited.

"We are delighted to take this important step of listing CIFL on the NSE. This dual listing will provide broader visibility amongst a larger investor base, improve market participation, and open new avenues for growth and capital access" says Sumit K. Narvar, Group Chairman & Managing Director, Capital India Corp Private Limited (Promoter, Capital India Finance Limited). "In the last 2 years, CIFL has undertaken a number of strategic measures to enhance Corporate Governance, Business efficiency and building trust & long-term growth for the investors. Listing on NSE shows our commitment to this ethos."

CIFL has consistently demonstrated strong financial performance and operational excellence, offering a diverse range of lending and financial services products to individuals, SMEs, and corporate clients across India. The NSE listing is expected to further reinforce the Company's reputation and credibility in the financial markets.

"The listing marks a significant milestone in our journey and reaffirms our commitment to transparency for our investors and partners. It also positions us strategically for the next phase of sustained growth. We remain steadfast in our focus on building a strong, resilient and future ready financial institution", Mr. Narvar adds.

CIFL's shares will be listed under the 'Normal Market' segment, and trading is set to commence from the 17th of April 2025.

The Opening bell for NSE listing will be available live on the youtube link: https://www.youtube.com/live/GsxFAB-c2j8

Source : Equity Bulls

Keywords

CapitalIndiaFinance CIFL NBFC Listing NSE