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Weaver Services raises Rs 1450 crore to buy control of Centrum Housing Finance
Business
Published on 24 April 2026
The funding is set to swap housing control fast
Weaver Services has raised Rs 1,450 crore through a two-tranche capital raise, the biggest recent funding move in India’s affordable housing finance space. The money will help the company acquire a controlling stake in Centrum Housing Finance Limited (CHFL) and purchase Morgan Stanley’s remaining stake, tightening Weaver’s grip on the lender’s future.
- Weaver Services raised Rs 1,450 crore in two tranches
- Deal funding targets a controlling stake in CHFL
- Weaver will also buy out Morgan Stanley’s remaining stake
- Move marks the largest recent raise in affordable housing finance
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times