Manba Finance Limited — QIP/Rights/Pref., 18-06-2025: Allotment of Securities
18-06-2025 | 06:28 pm
18-06-2025 | 06:28 pm
Manba Finance has announced a board meeting on the financial results for the quarter and half-year. The company allotted 2,000 unsecured, rated, listed, non-convertible debentures (NCDs) via private placement at ₹1 lakh each, raising ₹20 Cr. These NCDs carry an 11.5% annual coupon, paid quarterly, with a 20-month tenure maturing in February 2027. The issue is listed on BSE. No security or special privileges attached. This infusion strengthens the company’s debt profile without equity dilution.
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