Related Party Transactions
What happened
FactRelated Party Transactions. Towers, 1st Floor. For SHALIBHADRA FINANCE LIMITED.
Why it matters
CapitSignal interpretationValue moving between the company and entities its promoters control is a route by which minority shareholders can be diluted economically without dilution of shares.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Guidance
RevisedI 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.
Change
FactImplication
CapitSignal interpretationCapex
RevisedLooking 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.
Change
FactImplication
CapitSignal interpretationCapex
RevisedBranch rollout schedule would be to reach 70 branches by current calendar year.
Next year maybe we'll reach 85 branches.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Size of the transaction relative to revenue
- Whether it was approved by the audit committee
- Whether the pricing basis is disclosed
- We are targeting 100 branches by FY27, with selective entry in high-potential new states, including Karnataka (management committed by FY27)
- Looking forward, our FY29 target is an AUM of 500 crores (management committed by FY29)
Evidence
- Shalibhadra Finance Limited has informed the Exchange about related Party Transactions(opens the original filing in a new tab)
- Earlier statement · FY26
- Latest statement · FY26
- Earlier statement · FY26
- Latest statement · FY26
- Earlier statement · FY26
- Latest statement · FY26
How CapitSignal classified this
- Reasoning:
- RELATED_PARTY_TRANSACTION base 40; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%