Societe Generale bought 10,59,166 shares of Northern Arc Capital Limited for ₹29.44 Cr at ₹278.00 apiece in a block deal.
A non-banking financial company that provides retail loans to underserved households and small businesses across India. Northern Arc Capital Limited, founded in 2009, focuses on lending to borrowers with limited access to traditional banking services. The company operates through a diversified portfolio of loan products designed to meet the specific financial needs of its target customers in both urban and rural markets throughout the country.
French global investment bank with around EUR 1.6 trillion in assets. India FPI activity covers proprietary, market-making and client flows in listed Indian equities.
