Manba Finance Allots ₹25 Crore NCDs Through Private Placement

1 min read     Updated on 24 Sept 2025, 07:34 PM
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Reviewed by
Radhika SScanX News Team
Overview

Manba Finance Limited has allotted Non-Convertible Debentures (NCDs) worth ₹25 crore through private placement. The company issued 2,500 Secured, Rated, Listed, Redeemable, Taxable NCDs with a face value of ₹1,00,000 each, offering a 10.95% annual interest rate payable monthly. The NCDs have a tenure of 24 months and 26 days, with allotment on September 24, 2025, and maturity on October 20, 2027. The company plans to list these NCDs on stock exchanges, and redemption will be as per the Debenture Trust Deed.

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Manba Finance Limited, a prominent player in the financial services sector, has successfully allotted Non-Convertible Debentures (NCDs) worth ₹25 crore through a private placement, as announced on September 24, 2025. This strategic move aims to bolster the company's financial position and support its growth initiatives.

Key Details of the NCD Allotment

The company has issued 2,500 Secured, Rated, Listed, Redeemable, Taxable, Non-Convertible Debentures, each with a face value of ₹1,00,000. These NCDs offer an interest rate of 10.95% per annum, payable monthly, making them an appealing investment option for institutional investors.

Terms and Tenure

The NCDs come with a tenure of 24 months and 26 days, with the following details:

  • Allotment date: September 24, 2025
  • Maturity date: October 20, 2027

This medium-term investment horizon aligns with the company's financial planning and investor preferences.

Listing and Redemption

Manba Finance intends to list these NCDs on stock exchanges, enhancing their liquidity and tradability. The redemption of these debentures will be carried out in accordance with the Debenture Trust Deed, executed between Manba Finance Limited and the appointed Debenture Trustee.

Regulatory Compliance

The allotment of these NCDs was approved by the Finance Committee of Manba Finance Limited, which was constituted by the company's Board of Directors. This decision was made in compliance with Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Impact and Outlook

This successful NCD allotment demonstrates Manba Finance Limited's ability to attract institutional investment and leverage debt markets for its funding needs. The raised capital is expected to support the company's lending activities and overall business growth.

For investors and market observers, this development signals Manba Finance's proactive approach to capital management and its commitment to exploring diverse funding avenues to fuel its expansion plans.

As the financial services landscape continues to evolve, Manba Finance Limited's strategic financial moves, such as this NCD issuance, position it well to capitalize on market opportunities and strengthen its foothold in the industry.

Historical Stock Returns for Manba Finance

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Manba Finance Board Approves INR 200 Crore Debt Securities Issuance

1 min read     Updated on 22 Sept 2025, 03:54 PM
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Reviewed by
Naman SScanX News Team
Overview

Manba Finance Limited's Board of Directors has approved the issuance of debt securities worth up to INR 200.00 crores through private placement. The approval covers various debt instruments including Secured Non-Convertible Debentures, Perpetual Debt Instruments, and Unsecured Subordinated Non-Convertible Debentures. The finance committee has been authorized to execute this issuance in one or more tranches. The decision was made during a board meeting on September 22, 2025, lasting from 3:00 PM to 3:30 PM. The company has communicated this decision to the National Stock Exchange of India Ltd. and BSE Limited.

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*this image is generated using AI for illustrative purposes only.

Manba Finance Limited, a prominent player in the financial sector, has taken a significant step towards strengthening its capital base. The company's Board of Directors has given the green light for issuing debt securities worth up to INR 200.00 crores through private placement, demonstrating its commitment to strategic financial planning.

Key Highlights of the Board Decision

  • Approval Scope: The board has approved the issuance of various debt instruments, including Secured Non-Convertible Debentures, Perpetual Debt Instruments, and Unsecured Subordinated Non-Convertible Debentures.
  • Issuance Method: The debt securities will be issued through private placement in one or more tranches.
  • Authorization: The finance committee has been authorized to execute this debt issuance, showcasing the company's structured approach to financial management.

Board Meeting Details

The crucial decision was made during a board meeting held on September 22, 2025, at the company's corporate office. The meeting lasted for 30 minutes from 3:00 PM to 3:30 PM.

Implications for Manba Finance

This approval for debt securities issuance could have several implications for Manba Finance Limited:

  1. Capital Infusion: The INR 200.00 crore debt issuance is likely to provide the company with additional capital for its operations and growth initiatives.
  2. Flexible Financing: By approving various types of debt instruments, the company has given itself flexibility in terms of the nature and structure of the debt it can raise.
  3. Strategic Growth: The decision suggests that Manba Finance might be gearing up for expansion or looking to strengthen its financial position in the market.

Market Communication

Following the board meeting, Manba Finance Limited promptly communicated the outcome to the National Stock Exchange of India Ltd. and BSE Limited, where its shares are listed. This transparent communication aligns with regulatory requirements and keeps investors informed about significant corporate decisions.

The company's proactive approach in seeking diverse funding options through debt securities issuance reflects its forward-thinking financial strategy. As Manba Finance moves forward with this decision, market observers will likely keep a close eye on how the company utilizes these funds to drive growth and enhance shareholder value.

Historical Stock Returns for Manba Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+0.23%+1.58%-4.59%+0.12%-7.11%-9.12%
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