ShaliBhadra Finance Limited has disclosed another significant acquisition of equity shares by promoter group member Ayushi Doshi, marking her continued investment in the company. The latest purchase demonstrates ongoing confidence from the promoter group in the company's business prospects and growth trajectory.

Latest Share Acquisition Under SEBI Takeover Regulations

Ayushi Doshi executed an open market purchase of equity shares on March 9, 2026, as disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction was conducted on the Bombay Stock Exchange and filed with BSE Limited on the same day.

Updated Shareholding Position

Following the latest acquisition, Doshi's shareholding in ShaliBhadra Finance Limited has increased to 1.72%. The transaction reflects the promoter group's ongoing investment strategy and confidence in the company's future performance.

Regulatory Compliance and Disclosure

The disclosure was made in accordance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Ayushi Doshi filed the necessary documentation with BSE Limited's Corporate Relationship Department through the company's Managing Director, Vatsal M. Doshi.

The transaction maintains full compliance with SEBI regulations through timely disclosure and proper documentation. ShaliBhadra Finance Limited continues to demonstrate transparent corporate governance practices under the regulatory framework for substantial acquisition regulations.

Shalibhadra Finance Limited achieved a significant milestone in Q3FY26 by crossing the ₹200 crore Assets Under Management (AUM) threshold, closing the quarter at ₹212.49 crores. The RBI-registered NBFC, which specializes in small-ticket vehicle financing products with high yields across rural, semi-urban, and under-banked markets, demonstrated strong execution-led growth supported by improving ground-level demand trends.

Financial Performance and Growth Metrics

The company's AUM has shown consistent growth trajectory, expanding from ₹155 crores to ₹212.49 crores. This achievement reflects the strength of the company's expanding distribution network, disciplined underwriting framework, and sustained demand across core markets. Management remains confident of achieving the ₹220 crore AUM target by the end of FY26.

Operational Expansion and Infrastructure

During Q3FY26, Shalibhadra Finance expanded its branch network to 58 branches and strengthened its workforce to 190 employees, enhancing sourcing capabilities, service reach, and collection oversight. The company operates across 4 states covering 40+ districts, serving over 107,875 customers without following any franchise or Direct Selling Agent (DSA) model.

The company's operational footprint spans across:

• Gujarat: Multiple locations including Dabhoi, Dahod, Halol, Himmatnagar, Vyara, Mehsana, Vapi, Junagadh, and others
• Maharashtra: Extensive presence including Mumbai, Nashik, Kolhapur, Pune, Ahmednagar, and various other cities
• Madhya Pradesh: Operations in Dewas, Harda, Khandva, Ujjain, Ratlam, and other centers
• Rajasthan: Presence in Dungarpur

Product Portfolio and Market Focus

The company maintains a well-diversified portfolio led by new and used two-wheelers, ensuring balanced growth and risk distribution. The product range includes:

Asset Quality and Risk Management

Asset quality remained stable during the quarter, with GNPA at 3.01%, reflecting prudent credit selection and consistent monitoring despite accelerated portfolio growth. Collection efficiency continues to remain strong at above 99%, underscoring the resilience of the borrower base and disciplined recovery framework.

The company maintains almost 100% of loans backed by secured credit exposure, contributing to one of the lowest NPAs in the industry. While festive-led sales focus resulted in a marginal dip in collection efficiency, overall efficiency metrics demonstrate the strength of the company's risk-adjusted profitability profile.

Market Drivers and Business Environment

The reduction in GST on two-wheelers materially improved affordability, resulting in stronger vehicle sales and a notable pickup in disbursements during the quarter. This policy change supported the growth momentum witnessed in Q3FY26, which was execution-led and backed by improving ground-level demand trends.

Capital Position and Funding

AUM growth during the quarter has been partly funded through incremental borrowings, leading to a moderation in capital adequacy. However, the company's capital position remains comfortable and provides adequate headroom for calibrated expansion. The company is backed by leading banks and NBFCs, ensuring reliable capital flow for sustained operations.

Outlook and Strategic Direction

As the company enters Q4FY26 with strengthened infrastructure and strong pipeline visibility, management expects business momentum to remain healthy while continuing to balance growth with asset quality and capital prudence. The expansion positions the company well to sustain growth while maintaining operational control across its target markets in rural and semi-urban India.