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Manba Finance informs about update on board meeting outcome

21 Jun 2025 Evaluate
Manba Finance has informed that the Board of Directors of Manba Finance at their meeting held on Friday, 20th June, 2025 at the corporate office of the Company, considered and approved the following agenda: Consider and approve fresh issue of Secured Non-Convertible Debentures/ Perpetual Debt Instruments/ Unsecured Subordinated Non-Convertible Debentures /bonds and or other Debt Securities upto INR 200 Crores (Indian Rupees Two Hundred Crores Only) on private placement basis in one or more tranches. The board has approved and authorized finance committee for issuance of Secured Non-Convertible Debentures/ Perpetual Debt Instruments/ Unsecured Subordinated Non-Convertible Debentures /bonds and or other Debt Securities upto INR 200 Crores (Indian Rupees Two Hundred Crores Only) on private placement basis in one or more tranches. The Board Meeting had commenced at 01:00 pm and concluded at 04:30 pm.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Bajaj Finance 1024.00
Shriram Finance 1016.00
Aditya Birla Capital 403.00
Tata Capital 343.55
Chola Invest & Fin. 1779.90
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