Manba Finance Limited has informed the Exchange regarding allotment of 9500 securities pursuant to Non Convertible Securities at its meeting held on September 29, 2025
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Awaiting price reaction for this filing.
Manba Finance Limited has allotted 9,500 Non-Convertible Securities (NCDs) following a board meeting held on September 29, 2025. Non-Convertible Securities are debt instruments that cannot be converted into equity shares and typically carry a fixed interest rate. The company has informed the stock exchange about this allotment as part of its routine compliance. No further details such as issue price, coupon rate, or use of proceeds have been disclosed in this filing.
This is a debt-raising activity that may help the company strengthen its capital base for lending operations. Since the filing lacks details on pricing and yield, investors should watch for further disclosures to assess the cost and terms of this borrowing.