As per a joint notice filed with CCI, Hero FinCorp, Otter, Link and certain other subscribers entered into a share subscription agreement in January, pursuant to which Otter and Link propose to acquire certain additional equity shares in Hero FinCorp.
Otter is a Mauritius-based investment company while Link Investment is a private trust registered in India and is engaged in making investments, as per a Ministry of Corporate Affairs release.
Hero FinCorp is a non-banking financial company engaged in the business of consumer finance and commercial lending, it added. SRS ANSANS