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Manba Finance LimitedQIP/Rights/Pref., 27-06-2025: Allotment of Securities

27-06-2025 | 07:35 pm

Manba Finance has announced a board meeting and allotted 50,000 senior secured non-convertible debentures (NCDs) at ₹10,000 each via private placement, raising ₹50 Cr. These listed NCDs carry an 11.25% annual coupon, payable monthly, with a 25-month maturity. The funds infusion strengthens liquidity without impacting promoter holding. The NCDs will be listed on BSE and redeemed per the trust deed terms. No special rights or security charges are attached.

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