SNG & Partners advises Kanakadurga Finance on acquisition of its gold loan business by Godrej Finance

Banking & Finance 30 Jul 2026· ₹280 cr · Completed· ◔ Reported

Godrej Finance Limited has acquired the gold loan business of Kanakadurga Finance Limited. The business comprises a gold loan portfolio of approximately ₹280 crore in assets under management, serving nearly 12,000 customers across 54 operational branches in Andhra Pradesh, and approximately 250 employees. SNG & Partners advised Kanakadurga Finance and its promoters on this transaction. The Firm provided end-to-end legal counsel on the transaction, advising on continuity of servicing for the active loan portfolio, transition of the branch network and employees, and the transfer and custody of customer and collateral records, including migration of data, technology and third-party…

CounselSNG & Partners
SectorBFSI
Value₹280 cr

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