MANBA FINANCE Share price

Our Company was originally incorporated as ‘Manba Finance Private Limited’ a private limited company under the Companies Act 1956 at Mumbai Maharashtra pursuant to a certificate of incorporation dated May 31 1996 issued by the Registrar of Companies Maharashtra at Mumbai (“RoC”). Thereafter our Company was converted into a public limited company pursuant to a special resolution passed by our Shareholders as on January 31 2005 and consequently the name of our Company was changed to ‘Manba Finance Limited’. A fresh certificate of change of name consequent upon conversion to a public limited company was issued by RoC on April 11 2005. The RBI granted a certificate of registration dated April 7 1998 to our Company for registration as a NBFC under Section 45-IA of the Reserve Bank of India Act 1934 (“RBI Act”). Subsequently the RBI granted a revised certificate of registration dated January 27 2022 to carry on business of non-banking financial institutions without accepting public deposits. Our Company’s Corporate Identity Number is U65923MH1996PLC09938.Major Events and Milestones:1998-Received certificate of registration from RBI for registration of our Company as a NBFC.2009-Scaled up our operations in vehicle financing.2013-AUM of our Company crossed ? 5000 lakhs.2014-AUM of our Company crossed ? 10000 lakhs.2018-Expansion of our operations to Pune.-AUM of our Company crossed ? 25000 lakhs.-Expansion of our operations to Nashik and Satara in the state of Maharashtra and to Ahmedabad in the state of Gujarat.2020-AUM of our Company crossed ? 50000 lakhs.2021-Listing of first tranche of non-convertible debentures on the BSE.-Opened branch in Jaipur in the state of Rajasthan.2022-Expansion of our operations to Nagpur Vidarbha region in the state of Maharashtra and to Raipur in the state of Chhattisgarh.2023-Employee strength of our Company crossed 1000 employees.-Entered into a co-lending arrangement with Muthoot Capital Services Limited.-AUM of our Company crossed ? 80000 lakhs as on December 31 2023.-Expanded the network to more than 850 dealers including more than 60 EV dealers.-30000 customers onboarded during the months of September October and November with ? 25000 lakhs disbursement amount.-Expanded operations to the state of Madhya Pradesh by opening a branch in Indore.-Launched new products such as Small Business Loans Used Car Loans and Personal Loans.2024-AUM of our Company cross ? 90000 lakhs-Expanded operations to the state of Uttar Pradesh by opening a branch in Lucknow.