https://www.taxtmi.com/news?id=36370 Mufin Group acquired a majority stake in LKP Finance Limited in an all-cash deal that increases the group's net worth by Rs 370 crore. The acquisition is presented as strengthening Mufin's capital base and balance sheet to scale lending operations, enhance liquidity, expand credit access, and introduce new financial products. Coordinated under holding company Hindon Mercantile, the transaction aims to realise synergies across subsidiaries active in NBFC lending, EV financing, payments, and related services, supporting regional market expansion and the group's financial inclusion and climate-aligned financing objectives. en-us Thu, 06 Mar 2025 16:16:03 +0530 Thu, 06 Mar 2025 16:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=36370 Mufin Group acquired a majority stake in LKP Finance Limited in an all-cash deal that increases the group's net worth by Rs 370 crore. The acquisition is presented as strengthening Mufin's capital base and balance sheet to scale lending operations, enhance liquidity, expand credit access, and introduce new financial products. Coordinated under holding company Hindon Mercantile, the transaction aims to realise synergies across subsidiaries active in NBFC lending, EV financing, payments, and related services, supporting regional market expansion and the group's financial inclusion and climate-aligned financing objectives. News - Thu, 06 Mar 2025 16:16:03 +0530 https://www.taxtmi.com/news?id=36370