Shalibhadra Finance Limited has successfully concluded its board meeting on March 23, 2026, approving the issuance of non-convertible debentures worth Rs 19.50 crores through private placement. The meeting, which commenced at 3:30 P.M. and concluded at 5:00 P.M., marked a significant milestone in the company's debt financing strategy.

Board Meeting Outcome

The board of directors approved the issuance of senior, secured, rated, listed, redeemable, transferable, non-convertible debentures with an aggregate nominal value of up to Rs 19,50,00,000. The debentures will be issued on a private placement basis, allowing the company to raise funds from select investors while maintaining regulatory compliance.

Debenture Structure and Terms

The approved debentures carry attractive terms for investors with a coupon rate of 12% per annum. The interest will be paid monthly from the deemed date of allotment until the maturity date, providing regular income streams for debenture holders.

Security and Collateral Framework

The debentures will be secured through a comprehensive security structure. The company will create a first ranking, exclusive and continuing charge by way of hypothecation over specific loan receivables and book debts. Additionally, the issue will be backed by an unconditional and irrevocable personal guarantee from the company's promoters, providing enhanced security for investors.

Regulatory Compliance

The board meeting outcome was communicated to BSE Limited in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided detailed disclosures as required under Schedule III of the SEBI Listing Regulations and SEBI Circular dated November 11, 2024. Managing Director Vatsal Doshi (DIN: 07950770) signed the regulatory notification, ensuring full compliance with disclosure requirements.

Source: Company/INE861D01011/0279b24b-c511-446a-9f25-06df2eb1179d.pdf

Shalibhadra Finance Limited has announced that promoter group member Ayushi Minesh Doshi has substantially increased her equity stake through a significant market purchase on the BSE. The transaction, completed on March 16, 2026, has been disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, demonstrating continued confidence from the promoter group in the company's prospects.

Transaction Details

Ayushi Minesh Doshi acquired 9,000 equity shares of Shalibhadra Finance Limited through an open market purchase on the BSE. The substantial acquisition represents a significant investment by the promoter group member:

Updated Shareholding Position

The acquisition has resulted in an increase in Ayushi Doshi's shareholding in the company. Her updated equity position reflects continued accumulation:

Regulatory Compliance

The disclosure was made in compliance with Regulation 29(2) read with 29(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Ayushi Minesh Doshi filed the mandatory disclosure with BSE on March 16, 2026, ensuring full regulatory compliance. The company's equity share capital remains at 30,88,84,000 shares before and after the acquisition.

Company Overview

Shalibhadra Finance Limited trades on the BSE under scrip code 511754. The promoter group's continued investment through open market purchases demonstrates transparent dealing practices and reinforces confidence in the company's operational direction and market positioning. Ayushi Minesh Doshi is based in Mumbai and maintains her address at Flat No 101, A Wing, Krishna Kunj, Malaviya Road, Vile Parle East.