Capri Global Capital Approves ₹4,000 Crore Fund Raise Via Equity And Debt

Board approved raising up to Rs 4000 Cr via equity/debt/convertible/warrants in one or more tranches through rights, QIP, preferential, public issue, FCCB, ECB, subject to shareholder approval. Step change after recent QIP and strong capital position; size is large vs balance sheet and sooner than indicated runway. Equity option creates dilution overhang until mode finalized. Structure, pricing, use of proceeds and timeline undisclosed; needs shareholder nod. Adds to pending foreign bond close-out and domestic NCD issuance; funding mix and dilution unclear.