Manba Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/09/2025 ,inter alia, to consider and approve Manba Finance Limited has informed ....
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Manba Finance has informed the exchanges that its Board of Directors will meet on 22 September 2025 to consider and approve a fresh issue of Secured Non-Convertible Debentures, Perpetual Debt Instruments, Unsecured Subordinated NCDs, bonds, or other debt securities up to INR 200 Crores. The raise will be done through private placement in one or more tranches. No equity dilution is involved as the instruments are debt in nature. The company is a non-banking finance company (NBFC) that typically relies on debt funding for its lending operations.
If approved, the company will raise additional debt of up to INR 200 Crores, expanding its borrowings and potentially its lending capacity. For shareholders, this means increased financial leverage but no equity dilution. The coupon rate, if attractive, could affect EPS indirectly through interest costs, but specific terms are not yet disclosed.