StockWatch
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Non Banking Financial Company (NBFC)
Loan & Debt24 Sept 2026, 10:14 pm

Manba Finance Allots ₹50 Cr in Non-Convertible Debentures

AI Summary

Manba Finance Limited has successfully allotted 50,000 Secured, Rated, Listed, Redeemable, Taxable, Non-Convertible Debentures (NCDs) with a face value of Rs. 10,000 each, aggregating to ₹50,00,00,000/-. The allotment was made on a private placement basis through a meeting of the Finance Committee held on September 24, 2026. These NCDs carry an interest rate of 10.65% and have a tenure of 26 months, with maturity on November 24, 2028. The NCDs are secured by an exclusive charge over a specific portfolio of receivables and are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited.

Key Highlights

  • Manba Finance allotted ₹50 Cr in NCDs via private placement.
  • NCDs carry a 10.65% coupon rate with a 26-month tenure.
  • The issue is secured by a charge over receivables.
  • NCDs are listed on BSE's Wholesale Debt Market Segment.