* Capri Global Capital Limited (CGCL) is in the process of incorporating a wholly owned subsidiary, Capri Global Insurance Brokers Private Limited. * The proposed authorized capital for the subsidiary is ₹75 lakh, comprising 7,50,000 equity shares of ₹10 each. * The subsidiary will engage in insurance broking, advisory, and consultancy services. * It will act as a direct broker, re-insurance broker and composite broker. * It will offer services across life, general, health, motor, marine, property, fire, casualty, liability, trade credit, crop, embedded insurance, micro-insurance, and other specialty insurances. * The subsidiary will also represent clients in negotiations with insurers, reinsurers and regulatory authorities. * The company will design training programs and develop technology platforms related to insurance services.
