Manba Finance Allots ₹600 Cr Non-Convertible Debentures

Manba Finance Ltd has announced the allotment of 60,000 Listed, Rated, Senior, Secured, Transferable, Redeemable, Non-Convertible Debentures (NCDs) with a face value of Rs. 10,000 each, aggregating to Rs. 60,00,00,000 (₹600 Crore). The allotment was made on a private placement basis through the Finance Committee meeting held on October 12, 2026. These NCDs carry an interest rate of 10.50% and have a tenure of 27 months, with a maturity date of January 12, 2029. The NCDs are secured by a charge over specific receivables and are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited. Principal and interest payments will be made monthly.