Enbee Trade & Finance Ltd — Important, 03-03-2026: Company Update
03-03-2026 | 11:30 pm
03-03-2026 | 11:30 pm
Enbee Trade & Finance, an NBFC specializing in unsecured loans, has announced a rights issue to raise up to ₹120.05 Cr. The company will offer 120.05 Cr shares at ₹1 each, with a ratio of 21 new shares for every 10 held. Proceeds will primarily repay ₹46.56 Cr in unsecured loans from promoters and bolster the capital base by ₹72.48 Cr. Promoters plan to subscribe fully, adjusting their loans against their share application money. The financial results for the nine-month period show a total income of ₹22.70 Cr and a net profit after tax of ₹8.57 Cr. The new shares have received in-principle listing approval from BSE.
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