As filed · Shalibhadra Finance Limited has informed the Exchange about related Party Transactions
Related Party Transactions. Towers, 1st Floor.
Value moving between the company and entities its promoters control is a route by which minority shareholders can be diluted economically without dilution of shares.
Prior statements by this company that CapitSignal has recorded changing.
I think we'll be easily be able to reach 500 crores of AUM by FY29.
I expect that around 300 crores would be from existing products, that is two-wheelers and three-wheelers, four-wheelers.
Looking forward, our FY29 target is an AUM of 500 crores
With the use of NCDs and term loans, that is why we have debt, we will be able to reach an AUM of 1,000 crores in near future without diluting equity.
Branch rollout schedule would be to reach 70 branches by current calendar year.
Next year maybe we'll reach 85 branches.
