SBFC Finance Share price

The Company was originally incorporated on January 25 2008 at Mumbai India as ‘MAPE Finserve PrivateLimited’ a private limited company under the Companies Act 1956 pursuant to a certificate of incorporationissued by the RoC. The Board of the Company approved the change in the name of the Company from ‘MAPEFinserve Private Limited’ to ‘Small Business Fincredit India Private Limited’ by their resolution dated July 32017 which was thereafter approved by the Shareholders of the Company through their resolution dated August 24 2017 due to change in control in favor of the new promoters of the Company i.e. Arpwood Group and a fresh certificate of incorporation under the Companies Act 2013 was issued by the RoC on August 31 2017. Thereafter the Board of the Company approved the change in the name of the Company from ‘Small Business Fincredit India Private Limited’ to ‘SBFC Finance Private Limited’ by their resolution dated October 24 2019 for the ease of reference that a shorter name provides which was thereafter approved by the Shareholders of the Company through their resolution dated December 11 2019 and a fresh certificate of incorporation under the Companies Act 2013 was issued by the RoC on January 13 2020. Subsequently the Company was converted into a public limited company under the Companies Act 2013 and consequently the name of the Company was changed from “SBFC Finance Private Limited” to ‘SBFC Finance Limited’ pursuant to a resolution passed by the Board of the Company on September 21 2022 and a special resolution passed by the Shareholders of our Company on September 23 2022 and a fresh certificate of incorporation dated September 30 2022 was issued by the RoC.Major events and milestones2008- Incorporation of the Company2017- Investment by Arpwood Partners Investment Advisors LLP in the Company2019- Investment by SBFC Holdings Pte. Ltd. in the Company2021- ICRA Credit Rating for the long-term fund-based bank lines and non-convertible debentures reaffirmed as ‘A’ and outlook upgraded from Stable to Positive2022- Investment by Malabar India Fund Limited in the Company- ICRA Credit Rating for the long-term fund-based bank lines and non-convertible debentures upgraded to ‘A +’ and outlook revised to Stable- Incorporation of the Subsidiary