Brief: Capri Global Capital Says Co In Receipt Of Corporate Agency License From Insurance Regulatory And Development Authority Of India

Capri Global Capital

11/12/2023 10:15

Dec 11 (Reuters) - Capri Global Capital Ltd  CAPG.NS :
    * CO IN RECEIPT OF CORPORATE AGENCY LICENSE FROM INSURANCE
REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA
    * CORPORATE AGENCY LICENSE FOR SETTING UP OF INSURANCE
BUSINESS
    * EXPECTED TO GENERATE NET INSURANCE INCOME OF ABOUT 200
MILLION
RUPEES IN FY 2024-25
    * EXPECTED INCREASE IN VARIABLE COST IN RANGE OF ABOUT 20-30
MILLION RUPEES ON ANNUAL BASIS

Source text for Eikon:  ID:nNSE9ptSzP 
Further company coverage:  CAPG.NS 

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