SG Finserve Board Approves ₹400 Crore Investment for New Subsidiaries, Reports Strong Q3 Profit

Earnings
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Moneycontrol•23-01-2026, 14:29
SG Finserve Board Approves ₹400 Crore Investment for New Subsidiaries, Reports Strong Q3 Profit
- •SG Finserve's board approved a ₹400 crore investment plan to establish new subsidiaries, with ₹300 crore earmarked for an Asset Reconstruction Company (ARC).
- •The proposed subsidiaries will engage in diverse activities including ARC, Investment Management for Category III AIF, Insurance Broking (life and non-life), and IT services.
- •The company reported an unaudited profit of ₹3,247.23 lakhs for the quarter ended December 31, 2025, showing a 37.09% YoY increase.
- •Lakshay Dudeja was appointed Chief Compliance Officer, and Vivekanand Tiwari became Chief Information Security Officer and Chief Operating Officer.
- •The board also approved the SG Finserve Employees Stock Option Scheme 2026, subject to shareholder approval.
Why It Matters: SG Finserve is expanding its business with a ₹400 crore investment in new subsidiaries and reported strong Q3 FY26 profits.
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