Manba Finance approves ₹99.99 crore preferential issue, including ₹32.49 crore promoter-group warrants
As filed · Manba Finance Limited has informed the Exchange regarding a press release dated September 23, 2026, titled "Press release under regulation 30 with respect to preferential issuance".
What happened
FactManba Finance’s Board approved a preferential issue of ₹99.99 crore, comprising ₹67.50 crore of equity shares for non-promoter investors and ₹32.49 crore of convertible warrants for the promoter group. The issue remains subject to shareholder approval and any other required regulatory approvals.
Why it matters
CapitSignal interpretationShares are issued to named investors at a set price, diluting existing holders and changing who sits on the register.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Capex
DelayedNo. So now this year there is no other plan because we want to focus more on UP, MP and some part of Rajasthan, as well as we want to focus on South expansion which is just started.
By September or latest by October, we will raise INR100 crores to for to manage our further growth and expansion.
Change
FactImplication
CapitSignal interpretationGuidance
DelayedBased on the strong momentum we have built, we remain confident of delivering AUM growth of 35% to 40% growth during the current financial years.
So eventually the dependency on the two-wheeler, which today is almost 80% plus percent, will come down to almost 65% within three years' time.
Change
FactImplication
CapitSignal interpretationGuidance
WithdrawnAnd as far as PAT is also concerned, this this quarter our PAT has been increased by almost 30% plus percent.
And I think similar kind of performance will be reflecting in the future quarters also.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Who the allottees are
- Issue price versus market price
- Lock-in period on the new shares
- the dependency on the two-wheeler, which today is almost 80% plus percent, will come down to almost 65% within (management committed by FY27)
- This year now no more state we will take. (management committed by FY27)
Evidence
- Manba Finance Limited has informed the Exchange regarding a press release dated September 23, 2026, titled "Press release under regulation 30 with respect to preferential issuance".(opens the original filing in a new tab)
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- The proposed capital raise could strengthen Manba Finance’s capital base and support loan-book growth, geographic expansion and general corporate purposes. However, the transaction is not yet final because shareholder and other required regulatory approvals remain pending.
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%