Shalibhadra Finance Limited announced the outcome of its board meeting held on September 17, 2026, wherein the Board of Directors approved the issuance of senior, secured, rated, listed, redeemable, transferable, non-convertible debentures (NCDs) aggregating up to Rs. 20,00,00,000/- on a private placement basis. These debentures are proposed to be listed on BSE Limited, providing the non-banking financial company with a strategic funding avenue to support its ongoing operations and capital requirements.

Delving deeper into the operational developments, Shalibhadra Finance has been actively expanding its market footprint and diversifying its financial offerings. In late 2025, the company steadily scaled up its physical presence, operating through a robust network spanning over 58 branches across multiple districts. Furthermore, demonstrating its commitment to portfolio diversification, the NBFC ventured into housing finance and recently expanded further by announcing the launch of its Used Commercial Vehicle (UCV) Financing division in September 2026. These strategic strides reinforce the company’s focus on catering to underserved semi-urban and rural markets.

Analyzing the company’s financial growth and performance trends from the preceding financial cycles, Shalibhadra Finance reported solid full-year growth momentum. For the period concluding recently, the company recorded total revenues of Rs. 41.10 Crores, reflecting a healthy year-on-year increase of approximately 12.63% compared to Rs. 36.49 Crores in the prior fiscal year. Similarly, net profits scaled upwards to reach Rs. 19.48 Crores, marking a strong 21.75% year-on-year expansion from Rs. 16.00 Crores, accompanied by a robust net profit margin of 47.40%. The company continues to draw attention from market participants and institutional watchers for its disciplined asset management in the micro-credit and retail lending landscape.