BSECompany Update2d ago · 23 Sept 2026, 09:46 am
Press release under regulation 30 in respect of Preferential issuance.
Manba Finance Ltd · 544262
✦ AI Summary▲ PositiveFundraise
Manba Finance Limited's Board Approves Fundraise of ₹99.99 Crore through a Preferential Issue; Marquee Family Offices and Investors Come on Board
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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk6/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
Manba Finance Ltd - 544262 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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September 23, 2026
To, To,
National Stock Exchange of India Ltd., BSE Limited,
Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers,
Bandra-Kurla Complex, Dalal Street, Fort
Bandra (East), Mumbai - 400 051 Mumbai- 400 001
Scrip Symbol: MANBA Scrip Code: 544262
Sub: Press release on Preferential Issue
Dear Sir / Madam,
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015, as amended from time to time, we hereby submit the enclosed Press
Release titled, “Manba Finance Limited’s Board Approves Fundraise of ₹99.99 Crore through a
Preferential Issue; Marquee Family Offices and Investors Come on Board” for the information of the
Exchange and for record purposes.
The enclosed Press release will be made available on Company’s website and the same can be accessed at
www.manbafinance.com
We request you to kindly take the same on record.
Thanking you,
For Manba Finance Limited
Bhavisha Jain
Company Secretary and Compliance Officer
Encl: As above
Registered Office: 324, Runwal Heights, Opp. Nirmal Lifestyle, L.B.S. Marg, Mulund (West), Mumbai 400 080. India.
+ 91 22 62346666 | info@manbafinance.com | www.manbafinance.com
Manba Finance Limited’s Board Approves Fundraise of ₹99.99
Crore through a Preferential Issue; Marquee Family Offices and
Investors Come on Board
Promoter group commits ₹32.49 crore through warrants, the largest single commitment in the round
Mumbai, 23rd September 2026: Manba Finance Limited (NSE: MANBA | BSE: 544242), a
diversified, multi-product NBFC, today announced that its Board of Directors has approved
raising ₹99.99 crore through a preferential issue of securities. The issue will be made under the
Companies Act, 2013 and the SEBI (Issue of Capital and Disclosure Requirements)
Regulations,2018. It is subject to shareholder approval and any other regulatory approvals
required.
The issue comprises equity shares worth ₹67.50 crore to non-promoter investors and
convertible warrants worth ₹32.49 crore to the promoter group.
The round has drawn strong participation from a diverse set of marquee investors and family
offices, including family offices of well-known Indian business groups, investment funds and
high-net-worth individuals. Their participation reflects growing confidence in Manba’s
business model, its execution track record and the long-term opportunity in retail lending.
The promoter group, through Manba Investments and Securities Private Limited and Mr.
Manish K. Shah, will subscribe to warrants worth ₹32.49 crore. This is the largest single
commitment in the round and reflects the promoters’ confidence in Manba’s long-term
prospects.
Use of proceeds
The proceeds will strengthen the company’s capital base and fund growth in its loan book
across two-wheeler, three-wheeler, electric vehicle, used car, personal loan, small business loan
and Micro-LAP products. They will also support expansion into new geographies and general
corporate purposes. A stronger balance sheet gives Manba room to grow its assets under
management diversify its borrowing base, and work towards improved credit ratings and lower
funding costs.
Management commentary:
Mr. Manish K. Shah, Managing Director, Manba Finance Limited, said: “This fundraise is a
strong endorsement of Manba’s business model, our underwriting discipline and the franchise
we have built over more than a decade. Having investors of this calibre alongside us, together
with the promoter group’s own commitment, gives us the capital and the confidence to grow
faster, go deeper into our existing markets and serve many more customer who are underserved
by formal credit.”
About Manba Finance Limited
Manba Finance Limited (NSE: MANBA | BSE: 544242) is one of India's established vehicle-
financing NBFCs, founded in 1996 and listed on the NSE and BSE. The Company offers a
suite of retail lending products including new and used two-wheeler loans, three-wheeler and
electric vehicle loans, used car loans, small business loans and personal loans, with a loan book
that is over 90% secured.
Manba serves customers across urban, semi-urban and rural markets through a network of 130+
locations across six states — Maharashtra, Gujarat, Rajasthan, Madhya Pradesh, Uttar Pradesh
and Chhattisgarh — and partnerships with over 1,500 dealers, with assets under management
of over ₹1,700 crore. The Company recently announced its entry into South India through a
strategic partnership with Sreesastha (Nammaloan), beginning with Karnataka and Tamil
Nadu.
Underpinning the business is a technology-led customer experience — a lending platform
designed to deliver in-principle approvals in as little as one minute and a fully digital, paperless
journey from application to disbursal. Manba combines this platform with a long-standing
dealer network and prudent credit practices to expand access to organised vehicle finance
across India. For more information, visit www.manbafinance.com.
Safe Harbour
Certain statements in this release concerning the Company's future growth prospects, plans and
product rollout are forward-looking statements, which involve a number of risks and uncertainties that
could cause actual results to differ materially from those contemplated. The Company does not
undertake to update any forward-looking statement that may be made from time to time. Product
features, eligibility, rollout timelines and coverage are indicative, subject to change and subject to
applicable approvals and the Company's credit policies.
For further information / media queries: Investor Relations / Corporate Communications, Manba
Finance Limited | Email: investorrelation@manbafinance.com | Tel: 022-62346598