According to the announcement, Tata Capital reached an all-cash acquisition agreement and plans to acquire about 88.6% of Yogakshemam Loans, a non-bank financial institution that is mainly engaged in the gold loan business; the pre-investment valuation of the transaction did not exceed 3.18 billion Indian rupees. Tata Capital will acquire existing shares from the agency's existing shareholders and also invest Rs 9.3 billion to subscribe for new shares to expand the company's business. Yogakshemam Loans has assets under management of Rs 70.8 billion and has 162 outlets in Kerala, Karnataka, Tamil Nadu and Andhra Pradesh. The transaction is subject to approval by the Reserve Bank of India and is expected to be completed within 8 months. After the deal is completed, Yogakshemam Loans will become a subsidiary of Tata Capital.

According to the announcement, Tata Capital reached an all-cash acquisition agreement and plans to acquire about 88.6% of Yogakshemam Loans, a non-bank financial institution that is mainly engaged in the gold loan business; the pre-investment valuation of the transaction did not exceed 3.18 billion Indian rupees. Tata Capital will acquire existing shares from the agency's existing shareholders and also invest Rs 9.3 billion to subscribe for new shares to expand the company's business. Yogakshemam Loans has assets under management of Rs 70.8 billion and has 162 outlets in Kerala, Karnataka, Tamil Nadu and Andhra Pradesh. The transaction is subject to approval by the Reserve Bank of India and is expected to be completed within 8 months. After the deal is completed, Yogakshemam Loans will become a subsidiary of Tata Capital.