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The latest announcement is out from Onelife Capital Advisors Limited ( (IN:ONELIFECAP) ).
Onelife Capital Advisors Limited’s board has approved a series of loan proposals, including Rs. 1.5 crore to individual borrower JayKishor Chatuvedi and up to Rs. 5.5 crore to Abhidev Consultancy Services Private Limited at an interest rate of 12 percent per annum. Additional loan limits of up to Rs. 2 crore each have been sanctioned for non-banking financial companies Jeevan Jyoti Vanijya Limited and Gandhi Nagar Leasing and Finance Limited, with a further Rs. 1.5 crore approved for Gandhi Nagar Leasing and Finance.
The board has also cleared an investment of up to Rs. 1.5 crore in its subsidiary Dealmoney Real Estate Private Limited, signaling continued capital deployment into group entities. These decisions collectively point to an expansion of Onelife Capital Advisors’ lending book and intra-group investments, which may enhance its earnings potential while increasing its exposure to select borrowers within the financial and real estate ecosystem.
More about Onelife Capital Advisors Limited
Onelife Capital Advisors Limited is a Mumbai-based financial services company focused on advisory and investment-related activities. Through its subsidiaries and lending operations, it engages with corporates and non-banking financial companies, indicating a role in structured finance and capital market-linked services in the Indian financial sector.
Average Trading Volume: 13,025
Technical Sentiment Signal: Buy
Current Market Cap: 560.4M INR
For a thorough assessment of ONELIFECAP stock, go to TipRanks’ Stock Analysis page.