Capri Global Holdings bought 5,00,000 shares of Simplex Castings for ₹4.85 Cr at ₹97.00 apiece in a bulk deal.
A manufacturer of industrial castings and engineering solutions, Simplex Castings has operated since 1971, producing precision-engineered components for diverse industrial applications. The company specializes in advanced casting technology and custom engineering solutions, serving customers across automotive, machinery, infrastructure, and other sectors. Its distinctive strength lies in combining traditional casting expertise with modern manufacturing capabilities to deliver reliable, high-quality components tailored to specific customer needs.
Promoter holding company of listed NBFC Capri Global Capital, founded by Chartered Accountant Rajesh Sharma. Holds 41% of CGCL, which operates a diversified NBFC with consolidated AUM of Rs 22,860 crore across MSME, affordable housing, construction finance, car loans and gold loans, the latter having scaled to over Rs 16,960 crore across 1,000+ branches.