Tata Capital acquires majority stake in Yogloans, forays into gold loan business; check AGM schedule

Tata Capital on Monday, July 13, said that it has acquired a majority stake in Kerala-based Yogakshemam Loans (Yogloans), marking the Tata Group financial services company's entry into the gold loan business as it looks to diversify its retail lending portfolio.

The proposed all-cash transaction, subject to regulatory approvals, values Yogloans at a pre-money equity valuation of up to Rs 318 crore and includes a primary capital infusion of about ₹93 crore to support the company's growth plans.

Following the completion of the deal, Tata Capital will hold around 88.6 per cent of the company's issued and paid-up share capital on a fully-diluted basis.

Tata Capital said Yogloans' promoter and Managing Director Unnikrishnan Idicharm Veetil will continue to lead the company after the acquisition.

The company also said it intends to consolidate the business at a later stage, subject to necessary approvals.

Yogloans, an RBI-registered non-banking finance company headquartered in Thrissur, has assets under management of ₹708 crore as of March 31, 2026.

The company has a presence in the southern states.

The acquisition gives Tata Capital an immediate presence in the secured gold loan segment, where established players such as Muthoot Finance, Manappuram Finance and banks have expanded rapidly amid sustained demand for collateral-backed retail credit.

The demand for gold loans has increased in the past few months amid higher prices and push for secured credit, with outstanding credit extended by non-banking financial companies (NBFCs) against gold jewellery surging nearly 70 per cent year-on-year in May, marking the fastest growth among all major lending segments.

Outstanding loans against gold jewellery stood at ₹3.29 lakh crore at the end of May 2026, up 69.% year-on-year (YoY) from ₹1.94 lakh crore a year earlier.

AGM schedule

In a separate regulatory filing, the company’s board of directors, at its meeting held on July 13, fixed the schedule for its 35th Annual General Meeting (AGM).

According to the filing, the AGM is scheduled for Wednesday, August 19, 2026, at 11 AM. through Video Conferencing or Other Audio-Visual means, “in accordance with the applicable guidelines and circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India”.

Dividend record date

Furthermore, its board also set Monday, July 27, 2026, as the record date for determining the entitlement of the members to receive the final dividend for the financial year ended March 31, 2026.

Subject to declaration by the members at the AGM, the dividend will be paid on or after August 24, 2026, after deduction of tax at source, as applicable, the filing read.

While reporting its earnings for the fourth quarter of the 2025-26 financial year (Q4 FY26), the board of Tata Capital has recommended a final dividend of ₹0.57 per equity share with a face value of ₹10 each, for the financial year ended March 31, 2026, subject to the approval of shareholders at the ensuing AGM.

Q1 result schedule

On July 9, the company had informed the exchanges that its board of directors will hold a meeting on Tuesday, July 28, 2026, to, inter alia, consider and approve the unaudited standalone and consolidated financial results of the company for the quarter ended June 30, 2026 (Q1 FY27).

Tata Capital stock performance

Shares of Tata Capital were trading flat on the National Stock Exchange (NSE) on Monday, July 13.

At around 2:46 PM, the scrip was trading 0.11% lower at ₹361 per equity share. During early trade, it declined as much as 1.83% to touch an intraday low of ₹354 per unit.

The stock has advanced 3% in the past week and nearly 11% over the month. On a year-to-date basis, it has jumped 6%.

While the share hit a 52-week high of ₹379.95 apiece on June 19, 2026, it touched a year’s low of ₹296 on June 2, 2026.

Tata Capital has a total market capitalisation of ₹1.53 lakh crore as of July 13, 2026, according to data on the NSE.