Capital Trust Limited has successfully completed its Rights Issue, raising Rs 238.1 million. The issue was oversubscribed by 1.33 times, signalling strong investor confidence in the company’s revised strategic roadmap.
As part of its transformation plan, the company has entered the gold loan segment—considered a secure and high-demand category. Dedicated gold loan branches have already been launched, and the company is exploring partnerships and co-lending opportunities to expand operations.
In a move to strengthen its balance sheet, Capital Trust has written off and provided for its stressed unsecured loan portfolio. The company said it does not anticipate further stress in its books following this clean-up exercise.
While the shift emphasises secured lending, the company will continue offering unsecured MSME and shopkeeper loans through co-lending and partnership models with established financial institutions, as well as through its own portfolio. Capital Trust currently operates a network of 250 branches across rural and semi-urban regions and has already partnered with a leading small finance bank for MSME lending.
Commenting on the developments, Managing Director Yogen Khosla said the company is “starting afresh in secured lending with a strong focus on gold loans and other low-risk businesses,” while maintaining its commitment to MSME borrowers.
With this strategic realignment, Capital Trust aims to build a resilient, diversified lending model that supports underserved markets and ensures sustainable portfolio quality and growth.