
Manba Finance Allots 42.59 Lakh Equity Shares, 24.07 Lakh Warrants
Manba Finance Limited's Board of Directors, in a meeting held on November 6, 2026, approved the preferential allotment of 42,59,272 equity shares and 24,07,223 fully convertible warrants. The equity shares were allotted at an issue price of ₹135 per share, raising ₹575.00 crore from 13 non-promoter/public category allottees. Additionally, 24,07,223 warrants were allotted at ₹135 per warrant to two promoter/promoter group allottees, with each warrant convertible into one equity share within 18 months at an exercise price of ₹135. The total issue consideration for both equity shares and warrants amounts to ₹899.98 crore. This allotment increases the company's paid-up equity share capital and will further increase upon full conversion of warrants.
Key Highlights
- Allotted 42,59,272 equity shares and 24,07,223 warrants on preferential basis.
- Raised ₹575.00 crore from equity share allotment to public category.
- Warrants offer conversion to equity within 18 months at ₹135 per share.
- Total issue consideration for shares and warrants is ₹899.98 crore.
- Paid-up equity share capital increased post-allotment.
Price Impact
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