Allotment of 2407223 securities pursuant to Convertible Securities at its meeting held on November 06, 2026
As filed · Manba Finance Limited has informed the Exchange regarding allotment of 2407223 securities pursuant to Convertible Securities at its meeting held on November 06, 2026
What happened
FactAllotment of 2407223 securities pursuant to Convertible Securities at its meeting held on November 06, 2026. payable upfront at the time of subscription, and the balance 75%, amounting to ¥101.25 per Warrant, is payable.
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 interpretationWatch next
Fact- 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 Outcome of Board Meeting held on November 06, 2026.(opens the original filing in a new tab)
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- OTHER base 18; matched on none
- Matched on:
- none
- Confidence in the event type:
- 30%