The board of directors of Pro Fin Capital Services is scheduled to convene on Wednesday to review a letter of intent (LOI) from Hong Kong-based Excellence Creative, which is interested in acquiring a stake in the company.
Excellence Creative has expressed its intention to purchase up to 25 percent of Pro Fin’s equity share capital at a proposed price of ₹22 per share, though this offer is non-binding.
The approval of the LOI is contingent on the board’s consent, successful completion of due diligence, negotiation of definitive agreements, and adherence to all regulatory requirements governed by SEBI, BSE, RBI, FEMA, and the Companies Act of 2013.
Pro Fin Capital has stated that the proposal remains in the exploratory phase, and any significant developments will be communicated to investors through the stock exchange. The LOI does not establish a binding commitment for either party.
Published on November 21, 2025.
