Manba Finance Limited — Board Meeting, 28-11-2024: Outcome of Board Meeting

The Board of Directors of Manba Finance Limited has held a meeting, during which it approved the issuance of Secured Non-Convertible Debentures, Perpetual Debt Instruments, Unsecured Subordinated Non-Convertible Debentures, and other debt securities up to ₹200 Crores on a private placement basis in one or more tranches. The finance committee has been authorized to oversee this issuance. This decision reflects the company’s strategic financial management and bolsters its capital structure.