Finance - NBFC
60 recent notes from companies in this sector. 20 companies tracked.
Geetanjali Credit names MD as CFO; bigger troubles remain
Dharmendra Vyas adds CFO role to his MD hat, filling a casual vacancy. The nano-cap NBFC is still grappling with unverified loans and a tax demand larger than its ₹3 crore market cap.
AYE Finance AUM rises 28% to ₹7,329 cr, GNPA eases to 4.57%
The micro-enterprise lender added 44,736 new borrowers (up 38% YoY) and improved GNPA by 20 bps QoQ. Management expects accelerating asset-quality gains through FY27.
Stellant Securities swings to ₹170 cr profit on trading surge, inventory gain
Revenue more than doubles to ₹117.91 cr, but a ₹31.40 cr inventory revaluation and negative expenses raise questions about earnings quality.
Kissht AUM jumps 61% in Q1, outpacing >40% FY27 guidance
OnEMI Technology Solutions reports ₹8,001 cr AUM for June quarter. Disbursements rise 37% YoY; LAP portfolio share climbs to 7.7%.
Classic Leasing says audit is clean despite ₹316 cr liability flag
The company filed a declaration stating an unmodified audit opinion, directly contradicting its auditor's qualified report on a massive contingent guarantee to insolvent Kohinoor Steel.
CSL Finance loses treasury head as Atul Agrawal resigns
Atul Kumar Agrawal will step down effective Aug 31, 2026. For a ₹513-cr NBFC with debt/equity of 1.28, losing the funding gatekeeper is a notable risk.
Akme Fintrade raises ₹25 cr via NCDs, a small but steady debt raise
The NBFC's loan committee approved listed, secured NCDs on a private placement basis. At 5.5% of market cap, the raise is modest and within the ₹1,200 cr borrowing limit already disclosed.
SP Capital Financing bets 3x its market cap on a related-party deal
The board approved a ₹95 cr transaction with Pride Hotels and borrowing limits of ₹200 cr, both exceeding the ₹32 cr market cap.
Enbee promoter Meyhul Gaala sells final 1.16 cr shares to zero
Gaala has exited completely after a series of open-market sales, following an earlier internal transfer of a 14.2% block to a group entity last month.
Bajaj Finance AUM jumps 24% to ₹5,46,900 cr in Q1
First operational snapshot for Q1FY27 shows customer growth of 16.8% and loan bookings up 20%; AUM addition of ₹36,900 cr is 5.84% of market cap.
Cupid Breweries adds two former bankers to board as governance repair continues
Meharbaba Prasad Kalidasu and Soundara Pandian join as independent directors effective July 2, 2026, filling vacancies after earlier whistleblower-type resignations.
Goenka Business & Finance gets ₹1 cr penalty, 5-year market ban from SEBI
The market regulator's final order prohibits the nano-cap NBFC from buying or selling securities until 2031. The penalty alone eats up 22% of its latest annual profit.
Mahindra Finance Q1 disbursements jump 21% YoY to ₹15,560 cr, asset quality stable
First-ever voluntary quarterly update shows business assets at ₹1,37,300 cr, up 12%; Stage-3 assets improve to 3.4% from 3.8% a year ago
TTI Enterprise loses MD Sabu Thomas; new chief appointed
The nano-cap NBFC's managing director resigns with immediate effect, citing personal reasons. An immediate replacement is named but the sudden exit raises questions about the company's strategic pivot.
TTI Enterprise can't quit lending after RBI rejects surrender plan
The RBI has rejected TTI Enterprise's application to voluntarily surrender its NBFC registration, halting the planned pivot to wholesale trading.
Abans Financial gets ransomware alert, says own systems safe
CERT-In flagged a probable ransomware attack on June 30; investigation found only overseas subsidiaries' IT was affected, with no business disruption or material impact. The disclosure was voluntary.
Enbee promoter Bharathi Gala sells entire stake, exits to zero
The promoter group member sold her remaining 0.61% holding on June 29-30, 2026, bringing her ownership to nil. Follows a similar exit by another promoter on the same dates.
Salem Erode's NCD raise falls 39% short of target
The nano-cap NBFC allotted ₹92 lakh against a planned ₹1.5 crore, signaling weak demand at the offered 12% coupon.
CSL Finance's AUM rises 15% in June quarter; liquidity at ₹175 cr
The NBFC's update shows steady growth with ₹60 cr raised via NCDs. Numbers are in line with its trajectory, with no earnings surprise or price-sensitive trigger.
IREDA loses its CMD to superannuation; finance chief takes interim charge
Pradip Kumar Das retired on July 1. Dr Bijay Kumar Mohanty gets additional charge for three months or until a permanent CMD is appointed.
SG Finserve's loan book jumps 82% YoY to ₹4,551 cr in Q1
Provisional loan book up 16% QoQ, well above 25-30% CAGR guidance. Final results pending audit.
Paisalo promoters buy ₹272 cr in open market, stake now 46.72%
The nearly 5% stake lift in Q1FY27 is backed by a three-year plan to double AUM, income, and profit, and a shift to AI-led lending.
Gallops Enterprises loses company secretary, a nano-cap non-event
Payal Ravi Banwari resigns effective 30 June 2026 citing personal reasons. The firm, with ₹12 cr market cap and near-zero revenue, is unlikely to be affected.
Master Trust promoters re-pledge 12.20% stake day after releasing it
Harjeet Singh Arora and Rajinder Kumar Singhania pledged 1.5 crore shares to ICICI Bank as collateral for a subsidiary loan, just one day after fully releasing an identical pledge.
Minolta Finance locks in ₹48 cr rights issue at ₹1.20, 4:1 ratio
The nano-cap NBFC finalises revised terms after withdrawing its record date last month. The offer equals over 300% of the current market cap and opens August 1.
L&T Finance sets July 10 for Q1 results
Routine board meeting intimation for unaudited quarterly results; no financial details or guidance.
Yogi Ltd lands ₹48.6 cr order from new customer, 11% of FY26 revenue
The micro-cap company's ₹48.62 crore purchase order from Companion Vinimay Trading is material at 11% of FY26 revenue and is to be delivered within 15 days.
Poonawalla Fincorp lines up ₹750 cr NCD issue
The NBFC's finance committee approved secured, redeemable debentures with a base of ₹225 cr and a greenshoe of up to ₹525 cr. A standard treasury operation at roughly 1.9% of market cap.
Master Trust promoters clear entire 12.20% pledge, stake now fully unencumbered
The release of 1.50 crore shares pledged as collateral for a subsidiary loan removes a liquidity overhang, leaving promoters' 71.93% holding free of encumbrance.
IIFL secures first Moody's rating at Ba3 with stable outlook
Moody's assigns Ba3 to IIFL's $1B GMTN programme. The rating supports offshore fundraising but is broadly in line with existing Fitch rating.
AMPL Capital faces open offer after acquirers cross 25%
DP Global Wealth and Vikas Kataria offer ₹30/share for 26% stake, potentially lifting control to 51% in the nano-cap NBFC.
Enbee promoter Bharathi Gala trims 0.99% stake in two days
Promoter group member Bharathi Narendra Gala sold 68.96 lakh shares of Enbee Trade & Finance on June 23-24, reducing her holding from 2.09% to 1.10%. The sale is the latest in a string of promoter exits.
Enbee promoter Bharathi Gala sells 0.50% stake, drops below 5%
Days after acquiring a 5.69% block via inter-se transfer, Gala sold 0.50% of total equity on 4-5 June, reducing her holding from 5.40% to 4.90%.
Crest Ventures' unit signs Dadar redevelopment pact in ₹2,200 cr cluster
Subsidiary Sutlej Housing inked a development agreement with one society in a prime Mumbai cluster. The full project's GDV dwarfs Crest's market cap, but its own slice remains undisclosed.
Akme Fintrade seeks ₹1,200 cr borrowing limit, dwarfing its ₹442 cr market cap
The nano-cap NBFC's board approved a massive increase in borrowing capacity, subject to shareholder approval. The authorization would allow the lender to scale its loan book far beyond its current size.
Purple Finance to sell ₹23 cr loan book in assignment deal
The nano-cap NBFC will retain 10% of the pool and continue servicing the loans, in a deal that signals it can originate quality assets. At ₹23 cr, the sale is material for a ₹389 cr market cap.
Banas Finance appoints Praveen Jangid as CFO
The nano-cap NBFC fills a key vacancy after former CFO Amit Mehta resigned. Jangid brings a decade of experience in financial reporting and compliance.
AMPL Capital insider group lifts stake to 8.96% with estimated ₹44 cr buy
DP Global Wealth and executive director Vikas Kataria bought 15.08 lakh shares, equal to 24% of the company's market cap, in a single day. The purchase comes days after crossing the 5% threshold and just before an open offer.
Ashika Global pockets ₹24 cr as most preferential warrants lapse
Only 200,000 of 1.8 million warrants converted; holders forfeit upfront payments on the rest.
Muthoot Capital gets ₹96 cr bid for stressed loan pool
A binding bid worth up to ₹96 crore sets a floor for a stressed portfolio with ₹209.1 crore principal, potentially cleaning up a balance sheet hit by 6.96% gross NPAs and a 76% profit crash.
Foreign fund buys 7.36% in Leading Leasing as auditor flags ₹407 cr loans
UNICO Global Opportunities Fund converted warrants into equity, now holds 7.36% of the nano-cap NBFC. The company's auditor had earlier flagged ₹407 crore in unconfirmed loan balances.
E & E Enterprises gets a new 6.25% shareholder in a single trade
Kanta Agarwala's open-market purchase, disclosed a day after the Jain family sold the same number of shares, brings a concentrated block onto a ₹1 crore nano-cap company.
AYE Finance gets one-notch credit upgrade to IND A+ after IPO
India Ratings lifts rating, citing better capitalisation, growing mortgage share, and diversified funding. Market may have priced it in.
Minolta Finance withdraws record date for ₹49.5 cr rights issue
The cancellation, just days before a board meeting to revise terms, delays a capital raise worth over three times the company's market cap. New terms and timeline to be announced later.
Minolta Finance to reconsider ₹49.5 cr rights issue
Board to meet June 27 to revise price, ratio, and record date. The earlier structure would have diluted holders by over 300%.
ED attaches promoter assets at Advik Capital. No charges yet.
The Enforcement Directorate issued a provisional attachment order against the promoter of this ₹79-crore NBFC. The company denies any predicate offence, but the cloud lingers.
Lords Mark opens IVD plant two months early, expands capacity by 70%
The ₹67-cr nano-cap is moving beyond NBFC into diagnostics with a new Vasai facility and plans for cancer detection and AI-enabled devices.
Purple Finance's ₹97 cr open offer gets RBI, SEBI clearances
Allied Commodities and Sandeep Jindal's mandatory offer for 26% at ₹55 per share opens July 1. Regulatory approvals remove key hurdle.
Mangal Credit locks in ₹20 cr via NCDs at 11.75% coupon
The nano-cap NBFC taps debt markets again, raising ₹20 cr in its second NCD issuance in two months. That's 4.37% of market cap.
Director Mohit Chheda sells 3.1% stake worth ₹56 cr in Credent Global
The disposal over four days cuts combined holding to 6.84%; sale equals 31% of the nano-cap NBFC's market cap.
Muthoot Capital secures ₹150 cr at 9.25% to fund AUM chase
Two-year NCDs equal to 44% of market cap back ambitious plan to nearly double AUM to ₹10,000 cr by FY29. Coupon is cost-effective given recent credit upgrade to AA-.
E & E Enterprises' top shareholders cut stake by 6.25% in a single day
Akshat Jain and Niharika Jain sold off a sixth of their holdings, reversing months of accumulation. The nano-cap's shares have a market cap of just ₹1 crore.
Salem Erode to raise ₹1.5 cr via unlisted NCDs at 12% coupon
The nano-cap NBFC will issue 15,000 NCDs of ₹1,000 each on private placement, with 36-month and 68-month tenures. The 12% coupon reflects its risk profile amid ongoing losses and net worth erosion.
Galada Finance CFO dies suddenly, no successor named
K.R. Manimeghala passed away on June 20. The nano-cap NBFC with ₹7 cr market cap now faces uncertainty in financial oversight.
Vikas Goyal buys 2.4% more of Unifinz Capital, now holds 12.84%
The open-market purchases over ten months signal confidence from a non-promoter investor even as promoters reduced their holding. Vikas and Atika Goyal now own 12.84% of the NBFC.
Unifinz Capital promoters sell 2.18% stake in open market
Promoters Pawan Kumar Mittal and Kiran Mittal sold 965,000 shares over several days in June, reducing their combined holding from 24.64% to 22.46%. The sale is material for a nano-cap NBFC with a market cap of ₹421 crore.
Health X transcript confirms FY30 revenue target of ₹6,000 cr
The Q4 FY26 earnings call transcript, published June 19, also details ₹234 cr capex and JITO private-label sales at ₹30 lakhs/month. No material new information beyond the earlier call.
Regency Fincorp raises ₹15 cr via NCDs for lending growth
The nano-cap NBFC allots 15,000 secured NCDs at 13% coupon to Infixin Technologies and Eshiruss Financial Consultants, with staggered repayment over 30 months. The raise is 4.7% of market cap and part of a broader debt push.
Arco Leasing secures RBI clearance for subsidiary mgmt
RBI approves Atul Jaiswal and Jitesh Kothari as directors of Ansu Trade & Fiscals until June 1, 2031, cementing new promoters' control over the material subsidiary.
Mangalam Industrial's auditor resigned in May, then signed off June results
Mahesh Udhwani & Associates quit over non-cooperation but still cleared FY26 numbers. The company disclosed the resignation 35 days later, blaming oversight.