Moneyboxx Finance Limited , a non-banking financial company, has announced significant corporate decisions following its recent board meeting. The company's Board of Directors has approved several key measures, including a substantial debt issuance and the scheduling of its annual general meeting.

INR 1,000 Crore NCD Issuance Approved

In a strategic move to bolster its financial position, Moneyboxx Finance's board has given the green light for the issuance of Non-Convertible Debentures (NCDs) up to INR 1,000.00 crore. This issuance, to be conducted through private placement, is subject to shareholder approval at the upcoming Annual General Meeting (AGM). The NCDs will be issued in one or more series or tranches, with specifics such as size, tenure, and coupon rates to be determined at the time of each issuance.

Annual General Meeting Scheduled

The company has set September 26, 2025, as the date for its 31st AGM. In line with current corporate practices, the meeting will be held via video conferencing. Shareholders on record as of September 19, 2025, will be eligible to vote on resolutions and attend the virtual AGM.

New Secretarial Auditor Appointment

The board has recommended the appointment of M/s Shashank Pashine & Associates as the company's Secretarial Auditor. This appointment, if approved by shareholders, will be for a term of five consecutive years, spanning from FY 2025-26 to FY 2029-30. M/s Shashank Pashine & Associates, founded in 2018, brings expertise in corporate secretarial services, corporate law matters, and compliance.

Regulatory Compliance and Future Measures

Moneyboxx Finance also addressed a communication from the Bombay Stock Exchange (BSE) regarding a fine of INR 5,000.00 imposed under listing regulations. The board has emphasized the need to establish robust systems to prevent such occurrences in the future, demonstrating the company's commitment to regulatory compliance.

These decisions reflect Moneyboxx Finance's focus on financial growth, corporate governance, and regulatory adherence. The proposed NCD issuance, in particular, signals the company's intent to expand its financial resources, potentially for business growth or refinancing existing debt. Shareholders will have the opportunity to weigh in on these significant decisions at the upcoming AGM in September.

Moneyboxx Finance Limited , a non-banking financial company (NBFC) focused on MSME lending in semi-urban and rural India, has reported a mixed set of financial results for the first quarter. The company's strategic shift towards secured lending has driven asset growth, but profitability has been impacted by asset quality challenges.

Strong AUM Growth and Business Transformation

Moneyboxx Finance's Assets Under Management (AUM) grew by 23% year-on-year to ₹918.00 crore in Q1. This growth was primarily driven by the company's successful transformation to secured lending, with 64% of disbursements now being secured compared to 36% in the previous year. The company has expanded its secured book to 49% of AUM from 27% last year and is targeting to reach 70% by March 2026.

Financial Performance

Despite the robust AUM growth, the company's profitability declined significantly:

• Total income grew by 29% to ₹59.12 crore
• Profit After Tax (PAT) dropped by 94% to ₹0.24 crore from ₹4.30 crore in the same quarter of the previous year

Asset Quality Concerns

The company faced challenges in asset quality during the quarter:

• Gross Non-Performing Assets (GNPA) rose to 7.28% from 1.59% in the same quarter of the previous year
• Net Non-Performing Assets (NNPA) increased to 3.78% from 0.80% in the same quarter of the previous year

Capital and Liquidity Position

Moneyboxx Finance maintains a strong capital position:

• Capital Adequacy Ratio (CRAR) stood at 28.4%
• Liquidity of ₹165.00 crore as of the end of the quarter

Operational Highlights

The company continues to expand its presence:

• Operating 163 branches across 12 states
• Focus on MSME lending in semi-urban and rural India
• Average ticket sizes: ₹3.90 lakhs for secured loans and ₹1.80 lakhs for unsecured loans

Strategic Focus

Moneyboxx Finance is concentrating on:

1. Increasing segment diversification towards non-livestock sectors
2. Focusing on the upper tier of micro-enterprises with average ticket sizes of ₹7-10 lakhs
3. Leveraging emerging technologies in lending, including ML and AI-supported underwriting

Management Commentary

Deepak Aggarwal, Co-Founder, Co-CEO and CFO of Moneyboxx Finance, stated, "Our strategic shift towards secured lending is yielding positive results in terms of AUM growth. However, we acknowledge the challenges in asset quality and are intensifying our collection efforts to address these issues."

The company's board has also approved an enabling authorization for the issuance of Non-Convertible Debentures, Commercial Papers, and other Securities for an aggregate amount of up to ₹500.00 crore, subject to shareholder approval.

As Moneyboxx Finance continues its transformation journey, the focus remains on balancing growth with asset quality improvement in the coming quarters.