Shalibhadra Finance Limited , a company listed on the Bombay Stock Exchange (BSE), has reported a change in its promoter shareholding. Dhruvil Doshi, a promoter of the company, has increased his stake through an open market purchase.

Key Details of the Transaction

• Date of Acquisition: August 22, 2025
• Shares Acquired: 4,000
• Mode of Acquisition: Open Market Purchase

Impact on Shareholding

The acquisition has resulted in a marginal increase in Dhruvil Doshi's shareholding in Shalibhadra Finance Limited. The total equity share capital of the company stands at 30,88,84,000 shares.

Regulatory Compliance

The disclosure of this transaction was made in compliance with the Securities and Exchange Board of India (SEBI) regulations governing substantial acquisition of shares and takeovers. As per the regulatory filing, Dhruvil Doshi belongs to the promoter group of Shalibhadra Finance Limited.

Company Overview

Shalibhadra Finance Limited is traded on the Bombay Stock Exchange under the scrip code 511754. The company's total equity share capital remains unchanged at 30,88,84,000 shares following this transaction.

Shalibhadra Finance Limited, a non-banking financial company (NBFC) focused on rural and semi-urban areas, has reported strong financial results for the first quarter, along with strategic initiatives to enhance its market presence.

Financial Highlights

The company's performance in Q1 showcased robust growth across key financial metrics:

Asset Quality and Profitability

Shalibhadra Finance maintained strong asset quality with Gross Non-Performing Assets (GNPA) at 2.84% and Net Non-Performing Assets (NNPA) at 0.66%. The company's profitability metrics remained healthy, with Return on Assets (ROA) at 9.30% and Return on Equity (ROE) at 11.70%.

Strategic Initiatives

The Board of Directors has approved a proposal to list the company's equity shares on the National Stock Exchange (NSE). This move is expected to enhance market visibility and investor participation.

Capital Structure and Expansion Plans

In June, the company completed a 3:1 bonus issue, increasing its paid-up equity capital from ₹77.20 crore to ₹308.80 crore. With a robust Capital Adequacy Ratio of 87.00%, Shalibhadra Finance is well-positioned for future growth.

The NBFC currently operates through 53 branches across 40 districts in four states. It has set targets to expand its branch network to 100 by FY27 and grow its Assets Under Management to ₹2,750.00 crore in the same period.

Management Commentary

Minesh M. Doshi, Founder & Managing Director, commented on the results: "We are pleased to report another quarter of strong profitability, carrying forward our growth momentum. Our strategy remains focused on profitable, rural-led expansion. With a robust capital adequacy ratio, we are well-positioned to fund growth without external equity in the near term."

Future Outlook

Shalibhadra Finance aims to leverage its deep rural footprint and efficient service delivery model to capitalize on the growing demand for two-wheeler loans in India. The company plans to introduce new products such as used tractor loans, salaried personal loans, and affordable housing loans to diversify its portfolio and enhance returns.

As the company continues to expand its geographical presence and product offerings, it remains committed to its mission of catering to the diverse financial needs of rural India while creating sustainable value for all stakeholders.