Svatantra Microfin has completed the amalgamation of Chaitanya India Fin Credit and Svatantra Holding, following approvals from the National Company Law Tribunal (NCLT) and other regulators including the Reserve Bank of India (RBI) and the Competition Commission of India (CCI), it said on Monday.
The amalgamation is effective pursuant to the NCLT Mumbai bench order dated March 12, 2026.
Post-merger, the combined entity has an assets under management (AUM) of about Rs 22,000 crore, including its housing finance business.
As part of the restructuring, Svatantra Micro Housing Finance Corporation has become a wholly owned subsidiary of Svatantra Microfin. The integration follows Svatantra’s acquisition of Chaitanya India Fin Credit from the Navi Group in November 2023.
The merged entity operates through around 2,200 branches across 20 states and has a workforce of about 25,000 employees. It has disbursed approximately Rs 70,000 crore since inception.
The company serves around 5 million customers, primarily in microfinance and related segments.
Svatantra Microfin said the combined entity will continue to operate across microcredit, housing finance and related lending segments.
