SBFC Finance Limited has announced the affirmation of credit ratings for pass-through certificates (PTCs) issued by Prime Trust LAP Dec 22', backed by loan against property receivables originated by the company. The disclosure was made on 19th February, 2026, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Credit Rating Details

India Ratings and Research Pvt Ltd has affirmed credit ratings for both tranches of the pass-through certificates. The rating action demonstrates the credit quality assessment of the underlying loan against property portfolio.

Regulatory Compliance and Timeline

The company received the press release from India Ratings and Research Pvt Ltd on 18th February, 2026 at 3.29 PM (IST). The disclosure was made pursuant to Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency for stakeholders.

Securitization Structure

The pass-through certificates are backed by loan against property receivables originated by SBFC Finance Limited. The structured product features two distinct tranches:

• Senior Tranche PTCs: Carrying the higher credit rating of IND AA(SO)/Stable
• Equity Tranche PTCs: Rated at IND BBB-(SO)/Stable

The rating affirmation indicates stable credit quality expectations for both tranches of the securitized portfolio. The company has also uploaded this information on its official website at www.sbfcl.com/investors for investor access and transparency.

SBFC Finance Limited has successfully allotted 95,60,386 equity shares to its employees under various Employee Stock Option Plan (ESOP) schemes on 18th February, 2026. The allotment was executed following approval from the Stakeholders Relationship Committee and was conducted in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

ESOP Scheme Details and Share Distribution

The share allotment encompasses seven distinct ESOP schemes implemented between 2021 and 2023, each with different exercise prices reflecting the company's growth trajectory:

Impact on Share Capital Structure

The ESOP allotment has resulted in a significant expansion of the company's equity base. The issued and paid-up equity share capital has increased substantially:

Regulatory Compliance and Share Characteristics

All newly allotted equity shares carry the ISIN number INE423Y01016 and will be issued in dematerialized form. The shares rank pari-passu with existing equity shares of the company in all respects, ensuring equal rights and privileges for all shareholders. The company has filed the necessary disclosures with both BSE Limited and National Stock Exchange of India Limited as required under SEBI regulations.

Exercise Price Analysis

The exercise prices across different ESOP schemes reflect the company's stock performance over time. The 2021 schemes feature exercise prices ranging from ₹21.45 to ₹40 per share, while the 2023 schemes show higher exercise prices of ₹55 to ₹87.33 per share, indicating the company's stock appreciation during this period.

Administrative Details

The allotment documentation was signed by Namrata Sajnani, Company Secretary & Chief Compliance Officer (ICSI Membership No. F10030), on 19th February, 2026. The company has provided comprehensive details under Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, for each ESOP scheme to ensure full regulatory compliance and transparency.