Shalibhadra Finance reduces Incremental Cost of Borrowing

CIN: L65923MH1992PLC064886 Corporate Office: 3, Kamat Industrial Estate, 396, Veer Savarkar Marg, Opp. Siddhi Vinayak Temple, Prabhadevi, Mumbai – 400 025 Phone: 022-2432 2993 / 022-2432 2994 022-2422 4575 / 022-2432 3005 E-mail: shalibhadra_mum@yahoo.co.in Date: 29th October 2026 BSE Limited NSE Limited Corporate Relationship Department, Corporate Relationship Department, PhirozeJeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Fort, Bandra Kurla Complex, Bandra (East), Mumbai – 400001 Mumbai – 400051 Script Code: 511754 Scrip Name: SAHLIBHFI Sub: Press Release Dear Sir / Madam, Please find enclosed herewith Press Release titled “Shalibhadra Finance reduces Incremental Cost of Borrowing”. We request you to kindly take the same on record. Thanking You Yours Sincerely For Shalibhadra Finance Limited Vatsal Doshi Managing Director DIN: 07950770 Shalibhadra Finance reduces Incremental Cost of Borrowing Mumbai, 29th October, 2026 – Shalibhadra Finance Limited (BSE: 511754, NSE: SAHLIBHFI), a retail focused NBFC committed to serving India’s unbanked and underserved regions, is pleased to announce substantial reduction in Incremental Cost of Borrowing. In April 2026, for the first time company used Listed Non-Convertible Debentures (NCD) as a means of raising debt. Within a period of 6 months i.e. from April 2026 to October 2026, there has been a reduction of 0.80% in the Interest rate / Coupon rate at which company is borrowing via NCDs. Date of raising funds Amount raised Interest Rate / Coupon Rate 10th April 2026 Rs. 19.5 crores 12.00% 29th September 2026 Rs. 20 crores 11.50% 19th October 2026 Rs. 24 crores 11.20% Such drastic reduction in borrowing cost will help the company in offering its customers lower interest rates thereby improving overall competitive advantage. It will also result in better Net Interest Margins (NIMs) and will have a positive impact on profitability. Company plans to use NCDs as an effective tool in raising debt in future and expects further reduction in borrowing rates going forward. About Shalibhadra Finance Limited: Shalibhadra Finance Limited is an NBFC offering loan products like Two- wheeler loan, Car Loan, Property Loan and Personal Loan to underserved geographies in rural and semi-urban areas. The company has an asset under management of ₹220+ crores and an active customer base of more than 1 Lakh. The Company follows a prudent, asset-backed lending model with a strong focus on risk management, asset quality, and sustainable growth, supported by robust governance and technology-enabled operations.