StockWatch
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Non Banking Financial Company (NBFC)
Dividend27 Oct 2026, 02:44 pm

Manba Finance declares ₹0.25 interim dividend, approves ₹200 Cr debt issue

AI Summary

Manba Finance Ltd's Board of Directors has approved the second interim dividend of ₹0.25 per equity share for FY2026-27, with a record date set for November 6, 2026, and payment by November 20, 2026. The board also approved the issuance of Secured Non-Convertible Debentures or other debt securities up to ₹200 Crores on a private placement basis. Additionally, the company announced a change in the chairperson and approved the re-constitution of board committees. The board also considered and approved the unaudited financial results for the quarter and half-year ended September 30, 2026.

Key Highlights

  • Second interim dividend of ₹0.25 per share declared for FY2026-27.
  • Record date for dividend payment is November 6, 2026.
  • Board approved issuance of debt securities up to ₹200 Crores.
  • Change in company chairperson from N.R. Parameshwaran to Neelam Tater.
  • Unaudited financial results for Q2/H1 FY27 approved.