Tata Capital Limited has made a strategic move by acquiring an 88.6% majority stake in Yogakshemam Loans Limited, commonly known as YOGLOANS, based in Kerala. This substantial acquisition has been facilitated with the expert legal counsel of Khaitan & Co.
The legal team from Khaitan & Co, instrumental in this transaction, comprised prominent figures including Surbhi Kejriwal and Vidushi Gupta, both esteemed Partners at the firm. They were supported by Principal Associates Vedika Bhandari and Bimbita Kateel, along with Senior Associates Arnav Bose, Vivek Badkur, and Nikhil Singh.
YOGLOANS is a Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India (RBI). The firm is renowned for offering quick, straightforward, and economical financial solutions, such as loans for two-wheelers and various other financial needs. This acquisition represents a significant step for Tata Capital as it ventures into the gold loan sector, aiming to broaden its retail lending portfolio.
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