The board of Directors of the company at its meeting held today i.e. 22.09.2026, inter alia approved the increase in the authorised share capital and consequential alteration of the capital clause of the Memorandum of Association of the Company.

Date: 22nd September, 2026 National Stock Exchange of India Limited (NSE) BSE Limited Exchange Plaza, C-1, Block G, Phiroze JeejeeBhoy Tower, Bandra Kurla Complex, Dalal Street, Mumbai – 400 001 Bandra, Mumbai – 400 051 Scrip Code: 544262 Symbol: MANBA Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) – Outcome of Board Meeting held today i.e., 22nd September, 2026. Dear Sir, In continuation of our prior intimation dated 4th September, 2026 regarding the meeting of the Board of Directors of the Company, and pursuant to Regulations 30, 51 and other applicable regulations, if any, of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) read with Schedule III thereto, this is to inform you that the Board of Directors of the Company, at its meeting held today, i.e., Tuesday, 22nd September, 2026, inter alia, approved / noted the following: 1. Increase in the authorised share capital and consequential alteration of the capital clause of the Memorandum of Association of the Company. Pursuant to Section 61(1)(a) and other applicable provisions of the Companies Act, 2013, read with the rules made thereunder and the Articles of Association of the Company, the Board of Directors have approved the increase in the authorised share capital of the Company from ₹ 55,00,00,000/- (Rupees Fifty Five Crore only), divided into 5,49,00,000 (Five Crore Forty Nine Lakh) Equity Shares of ₹ 10/- each and 1,00,000 (One Lakh) Preference Shares of ₹ 10/- each, to ₹ 65,00,00,000/- (Rupees Sixty Five Crore only), divided into 6,49,00,000 (Six Crore Forty Nine Lakh) Equity Shares of ₹ 10/- each and 1,00,000 (One Lakh) Preference Shares of ₹ 10/- each, and the consequential alteration of Clause 5 of the Memorandum of Association of the Company, including deletion of the existing sub-clause (b) relating to the minimum paid-up capital of ₹ 1,00,000/-. The proposed increase and alteration are subject to approval of the members at the ensuing Extraordinary General Meeting. Upon such approval, the Company shall make the prescribed filings with the Registrar of Companies under Sections 13 and 64 of the Companies Act, 2013, within the applicable timelines. The disclosure pursuant to Regulation 30 of (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No: HO/49/14/14(7)2025- CFDPOD2/I/3762/2026, as amended from time to time (“SEBI Circulars”) dated January 30, 2026, is enclosed herewith as Annexure A. 2. Preferential issue of fully convertible warrants and Equity Shares. The Board of Directors approved the proposal for issue and allotment of securities aggregating up to ₹ 99,99,76,860/- (Indian Rupees Ninety Nine Crore Ninety Nine Lakh Seventy Six Thousand Eight Hundred Sixty Only) on a private placement basis by way of preferential issue of fully convertible warrants and Equity Shares (“Preferential Issue”), subject to approval of the members of the Company and such other statutory, regulatory and other approvals as may be required, comprising the following: A. Preferential issue of Equity Shares to persons belonging to the Non-Promoter / Public category. The Board approved the issuance of up to 5,000,013 (Fifty Lakh Thirteen) fully paid-up Equity Shares of the Company having a face value of ₹ 10/- each, for cash, at an issue price of ₹ 135/- (Rupees One Hundred Thirty- Five only) per Equity Share, including a premium of ₹ 125/- per Equity Share, aggregating up to ₹ 67,50,01,755/- (Rupees Sixty-Seven Crore Fifty Lakh One Thousand Seven Hundred Fifty-Five only), to the identified proposed allottees belonging to the Non-Promoter / Public category, as set out in Annexure B-I (“Proposed Allottees”). B. Preferential issue of fully convertible warrants to persons belonging to the Promoter / Promoter Group category The Board approved the issuance of up to 24,07,223 (Twenty Four Lakh Seven Thousand Two Hundred Twenty Three) fully convertible warrants (“Warrants”), for cash, at an issue price of ₹ 135/- (Rupees One Hundred Thirty-Five only) per Warrant, aggregating up to ₹ 32,49,75,105/- (Rupees Thirty-Two Crore Forty-Nine Lakh Seventy-Five Thousand One Hundred Five only), to the identified proposed allottees belonging to the Promoter / Promoter Group category as set out in Annexure B-I (“Proposed Allottees”). Each Warrant shall carry a right to subscribe to one fully paid-up Equity Share of the Company having a face value of ₹ 10/- each, within 18 (eighteen) months from the date of allotment. An amount equivalent to 25% of the issue price, i.e. ₹33.75 per Warrant, shall be payable upfront at the time of subscription to the Warrants and the balance 75%, i.e. ₹101.25 per Warrant, shall be payable upon exercise of the Warrants. General Provisions applicable to the Preferential Issue: The Preferential Issue price shall not be lower than the floor price determined in accordance with Regulation 164 and other applicable provisions of Chapter V of the SEBI ICDR Regulations, with September 18, 2026 being the relevant date for pricing. The aggregate consideration for the proposed Preferential Issue of Warrants and Equity Shares shall not exceed ₹ 100 crore. The Preferential Issue will not result in any change in control or management of the Company. The proceeds shall be utilised to meet the funding requirements of the Company’s lending and financing activities. The Preferential Issue is subject to approval of the members by special resolution, receipt of in-principle approvals from BSE Limited and the National Stock Exchange of India Limited under Regulation 28 of the Listing Regulations, and receipt of other requisite statutory and regulatory approvals. The Equity Shares proposed to be allotted under the Preferential Issue including the Equity Shares to be issued upon conversion of Warrants and the pre-preferential shareholding of the Proposed Allottees shall be subject to the lock-in requirements prescribed under the SEBI ICDR Regulations. To the extent any Proposed Allottee is a person resident outside India, the Preferential Issue shall additionally be subject to the Foreign Exchange Management Act, 1999, the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019, the Foreign Exchange Management (Mode of Payment and Reporting of Non-Debt Instruments) Regulations, 2019 and other applicable foreign exchange laws, including the applicable entry route, sectoral caps, pricing guidelines, mode of payment, allotment timelines and reporting requirements. The Preferential Issue shall be undertaken in accordance with Sections 42 and 62(1)(c) of the Companies Act, 2013, the Companies (Prospectus and Allotment of Securities) Rules, 2014, the Companies (Share Capital and Debentures) Rules, 2014, Chapter V of the SEBI ICDR Regulations, the Listing Regulations and other applicable laws. The disclosure pursuant to Regulation 30 of (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No: HO/49/14/14(7)2025- CFDPOD2/I/3762/2026, as amended from time to time (“SEBI Circulars”) dated January 30, 2026, is enclosed herewith as Annexure B. 3. Re-appointment of Ms. Neelam Tater (DIN: 07653773) as an Independent Director of the Company. Based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors considered, approved and recommended to the members the re-appointment of Ms. Neelam Tater (DIN: 07653773) as a Non-Executive Independent Director of the Company for a second term of 5 years commencing from October 25, 2026 up to October 24, 2031 (both days inclusive), not liable to retire by rotation, subject to approval of the members of the Company at the ensuing Extraordinary General Meeting. The disclosure pursuant to Regulation 30 of (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Maste [Showing first 8,000 characters — download PDF for full document]