Tag: Chaitanya India Fin Credit

Cyril Amarchand Mangaldas advises Navi Finserv and Navi Technologies on sale of Chaitanya India Fin Credit to Aditya Birla Group’s Svantantra Microfin

Cyril Amarchand Mangaldas acted as legal counsel for Navi Technologies and Navi Finserv on sale of 100% stake in their microfinance subsidiary Chaitanya India Fin Credit, to Svatantra Microfin, a group company of the Aditya Birla Group, for a purchase consideration of Rs. 1479 Crore. Chaitanya is engaged in business of providing microfinance loans to joint-liability groups and is…