Archive · 12 Nov 2025

Kinara Capital Seeks Majority Stake Sale to Overcome Debt Crisis

Kinara Capital Seeks Majority Stake Sale to Overcome Debt Crisis

Kinara Capital is a company that lends money to small businesses, but it's having a big problem with money right now.

They owe a lot of money to different banks and lenders, and some of their loans to customers are not being paid back.

This means Kinara doesn't have enough cash to lend out new loans.

To fix this, the boss, Hardika Shah, wants to sell most of the company to another company that has more money.

This new company would then help Kinara get the cash it needs to start lending again and pay back the money it owes.

They are talking to other financial companies about this big sale, hoping to get enough money to get back on their feet.

Sources