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Reading: Karnataka Financial institution bulk deal: Cupid CMD Aditya Kumar Halwasiya picks up Rs 71 cr stake in Quant MF-backed lender
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StockWaves > Financial News > Karnataka Financial institution bulk deal: Cupid CMD Aditya Kumar Halwasiya picks up Rs 71 cr stake in Quant MF-backed lender
Financial News

Karnataka Financial institution bulk deal: Cupid CMD Aditya Kumar Halwasiya picks up Rs 71 cr stake in Quant MF-backed lender

StockWaves By StockWaves Last updated: November 22, 2025 3 Min Read
Karnataka Financial institution bulk deal: Cupid CMD Aditya Kumar Halwasiya picks up Rs 71 cr stake in Quant MF-backed lender
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Aditya Kumar Halwasia has purchased 38 lakh shares in The Karnataka Financial institution by way of a bulk deal on Friday. The shares which have been bought at a premium of Rs 5.6%, taking the deal measurement at Rs 71 crore.

Halwasia is an Indian investor with stake in Tourism Finance Company of India Ltd (TFCIL) and is the Chairman and Managing Director of Cupid Restricted, an organization recognized for manufacturing contraceptives.

The smallcap lender, backed by Quant Mutual Fund ended with almost 8% leap at Rs 188.50 on the NSE. The worth motion was accompanied amid sharp volumes which spurt by greater than 8.12 occasions on the BSE.

Quant’s holds 3.90% stake within the lender by way of Quant Mutual Fund-Quant Mutual Small Cap Fund.

The shares of Karnataka Financial institution have been buying and selling underneath strain, witnessing a 6% slide over the previous 12 months.

Dwell Occasions


Karnataka Financial institution posted a internet revenue of Rs 319.12 crore for the quarter ended September 30, 2025, which improved by 9.1% quarter-on-quarter versus a internet revenue of Rs 292.40 crore in Q1FY26. For the half yr ended September 2025, the web revenue stood at Rs 611.52 crores, as towards Rs 736.40 crores for half yr ended September 2024.The Internet Curiosity Earnings (NII) stood at Rs 728.12 crore.The NPAs moderated throughout the quarter underneath evaluate because the GNPAs lowered to three.33% as towards 3.46% as of June 2025, whereas NNPAs additionally lowered to 1.35% as towards 1.44% as of June 2025.

The mixture enterprise of the financial institution stood at Rs 1,76,461.34 crore (on a gross foundation) for Q2FY26 in comparison with Rs 1,77,509.19 crore in Q1FY26.

The mixture deposits of the financial institution stood at Rs 1,02,817.19 crore in Q2FY26 as towards Rs 1,03,242.17 crore as of Q1FY26. Financial institution’s gross advances stood at Rs 73,644.15 crore in Q2FY26 when in comparison with Rs 74,267.02 crore as of Q1FY26, nevertheless there was a development within the RAM (Retail, Agri & MSME) phase of the Financial institution. The CD ratio (Gross) of the Financial institution stood at 71.63%.

The Financial institution’s Capital Adequacy Ratio stood at 20.84% in comparison with 20.46% as of June 2025. Consistent with RBI’ s revised draft pointers on Liquidity Protection Ratio (LCR), the Financial institution has computed the identical as on thirtieth September 2025, which stands at 188.16%.

(Disclaimer: The suggestions, solutions, views, and opinions given by the specialists are their very own. These don’t symbolize the views of The Financial Occasions.)

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