SG Finserv Limited has completed the allotment of 6,27,778 equity shares through warrant conversion, raising ₹21,18,75,075 from the exercise. The Allotment Committee of the Board of Directors approved the conversion on April 08, 2026, following the receipt of balance payments from warrant holders.

Warrant Conversion Details

The allotment involved conversion of 6,27,778 warrants at an issue price of ₹450 per warrant. The allottees paid ₹337.5 per warrant, representing the balance 75% of the total issue price, while 25% had been paid earlier during the original warrant allotment on October 25, 2024.

Allottee Breakdown

The warrant conversion involved two categories of investors, with the majority allocation going to the promoter group.

Impact on Share Capital

Following the warrant conversion, SG Finserv Limited's capital structure has been significantly enhanced. The company's issued and paid-up capital now stands at ₹65,89,50,000, comprising 6,58,95,000 equity shares of ₹10 each. The newly allotted equity shares will rank pari passu with existing equity shares, providing equal rights to the new shareholders.

Meeting and Compliance

The Allotment Committee Meeting was conducted on April 08, 2026, commencing at 11:00 a.m. and concluding at 11:30 a.m. The allotment was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The original warrant allotment of 1,00,00,000 Fully Convertible warrants of face value ₹10 each was completed on October 25, 2024, on a preferential basis.

SG Finserve Limited has announced robust growth in its loan portfolio, with the company's loan book reaching INR 3,934 crores as of March 31, 2026. The supply chain-focused NBFC demonstrated strong business momentum with impressive year-on-year and quarter-on-quarter growth rates.

Strong Growth Performance

The company's loan book performance for Q4 FY26 showcased significant expansion across multiple timeframes:

The substantial 75% year-on-year growth indicates the company's successful expansion strategy and strong market positioning in the NBFC sector. The 23% quarter-on-quarter growth further demonstrates consistent business momentum throughout the fiscal year.

Business Profile and Market Position

SG Finserve Limited operates as an RBI registered Non-Banking Finance Company with a specific focus on supply chain financing. The company provides inclusive business financing solutions targeting both corporate clients and micro, small, and medium enterprises (MSMEs). The organization leverages technology platforms and an established distribution network to deliver tailored financing solutions to its diverse customer base.

Credit Rating and Financial Strength

The company maintains strong credit credentials with established rating agencies:

These ratings reinforce SG Finserve's position as a reliable and financially strong institution in the NBFC sector. The AA (CE) rating for long-term debt indicates high credit quality, while the A1+ ratings for short-term instruments reflect the company's strong liquidity position.

Provisional Results Disclosure

The company has noted that the announced loan book figures are provisional and released ahead of the official financial results for the quarter ended March 31, 2026. The final results remain subject to approval by the Audit Committee and Board of Directors, as well as audit by the company's statutory auditors. This early disclosure demonstrates the company's commitment to keeping stakeholders informed about significant business developments.