Vibrant Global Capital to Acquire 65% Equity Stake in The Private Reserve Capital Pvt. Ltd.
Vibrant Global Capital Ltd. has announced the acquisition of a 65% equity stake in The Private Reserve Capital Pvt. Ltd. The acquisition, which was approved by the company's Board of Directors at a meeting held on June 2, 2026, aims to strengthen the company's presence in the wealth management sector.The Private Reserve Capital Pvt. Ltd. is a wealth management entity that plans to engage in Portfolio Management Services (PMS), Category III Alternative Investment Funds (AIFs), and wealth advisory services. The target company, incorporated on April 28, 2026, is currently noted as having not yet commenced business operations.
The total acquisition amount is reported to be approximately Rs. 6,00,00,000 (Rupees Six crore). To achieve the 65% post-acquisition shareholding, Vibrant Global Capital Ltd. will subscribe to 1,85,701 equity shares of the target company.
Details of the proposed acquisition are summarized below:
| Parameter | Detail |
|---|---|
| Target Company | The Private Reserve Capital Pvt. Ltd. |
| CIN | U64990MH2026PTC470959 |
| Industry Focus | Wealth management business |
| Stake Acquired | 65% (post-acquisition) |
| Total Consideration (Approx.) | Rs. 6,00,00,000 |
| Shares Subscribed | 1,85,701 equity shares |
| Face Value per Share | Rs 10.00 |
| Issue Price per Share | Rs 323.00 |
| Aggregate Acquisition Cost | Rs. 5,99,81,423 |
According to the filings, the acquisition does not constitute a related party transaction.
Vibrant Global Capital Ltd. anticipates completing the acquisition on or before June 30, 2026. Furthermore, the management noted that The Private Reserve Capital Pvt. Ltd. will require approval from the Securities and Exchange Board of India (SEBI) for its planned operations in PMS, Category III AIF, and wealth advisory business.
Stock Price Movement
Vibrant Global Capital Ltd shares settled at ₹47.53 today, dropping 4.90% in late trading. The equity experienced a wide intraday swing, reaching a high of ₹52.00 before testing a low of ₹47.52.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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