Business EconomyPosted at: Oct 9 2025 12:42AM


Credifin Limited completes its fundraise through allotment of shares against conversion of warrants for Rs. 46,10,62,750

Mumbai, Oct 8 ( UNI) Credifin Limited, a Metropolitan Stock Exchange of India listed NBFC, head quartered in Jalandhar with Corporate Office in Delhi-NCR, announced that it has completed the fund raise of Rs. 46,10,62,750/- (Rs. Forty Six Crore, Ten Lakh, Sixty Two Thousand, Seven Hundred and Fifty Only) through issue and full subscription of 1,84,42,510 warrants at an issue price of Rs 25.
This includes share face value of Rs.10 and premium of Rs.15 per share.On conversion of the warrants into shares, the share capital of Credifin Limited has increased from Rs. 12,38,68,300, divided into 1,23,86, 830 shares of face value Rs.10 to Rs. 30,82,93,400 divided into 3,08,29,340 shares of face value Rs.10, said release today.
Credifin is a Non-Deposit accepting Non-Banking Financial Company registered with Reserve Bank of India since 1998. The company offers mortgage loans against immovable property (Loan Against Property or LAP) and financing E-vehicles primarily E-rickshaws, E-loaders and EV – 2 wheelers.
"We are thankful to our investors for reposing their faith in our company by subscribing to our Preferential issue of warrants. This increase in our capital will help us bolster our finances through a mix of Debt and equity. The company has been growing at a blistering pace, but we want to assure our investors and partners that the growth has and will not come at the cost of compromise of our ethos, values and safeguards. In the challenging Macro Economic environment, we continue to implement continuous oversight over our Loan portfolios and have been using AI to streamline the processes," said Shalya Gupta, MD & CEO, Credifin Limited, in release. UNI SP RR SS
Please log in to get detailed story.
Tags: #Credifin Limited completes its fundraise through allotment of shares against conversion of warrants for Rs. 46#10#62#750
More News

Kottayam-Kochi Rubber Market Rates

07 Nov 2025 | 7:31 PM

Kottayam Nov 7 (UNI) Following were the Rubber Market rates announced by the Rubber
Board here today per quintal.

see more..

Telangana Minister Sridhar Babu invites Utah entrepreneurs to invest in emerging sectors

07 Nov 2025 | 7:22 PM

Hyderabad, Nov 7 (UNI) IT and Industries Minister Duddilla Sridhar Babu on Friday urged entrepreneurs from the U.S. state of Utah to explore investment opportunities in Telangana, highlighting the state’s robust industrial ecosystem and investor-friendly reforms.

see more..

Aster DM Healthcare Q2 FY26 revenue rises 10 pc

07 Nov 2025 | 5:59 PM

Kochi, Nov 7 (UNI) Aster DM Healthcare, one of India's leading integrated healthcare service providers, reported a steady performance for the quarter ended September 30, 2025, recording a 10 per cent year-on-year rise in revenue to Rs 1,197 crore, despite a lower incidence of seasonal illnesses. Excluding the temporary seasonal impact, the company's underlying revenue growth stood at 13 per cent. Operating EBITDA increased by 13 per cent year-on-year and 22 per cent quarter-on-quarter, supported by improved cost efficiencies and operating leverage across its network.

see more..

Not regulator’s job to take decisions for bank boards: RBI Governor

07 Nov 2025 | 5:37 PM

New Delhi, Nov 7(UNI) It is not the regulator’s job to take decisions for bank boards, Reserve Bank of India Governor Sanjay Malhotra said on Friday while speaking in the context of a wide range of reforms announced during the October review of the monetary policy.

see more..

In push to renewable energy, Telangana to have 6,000 EV charging stations by 2030

07 Nov 2025 | 1:34 AM

Hyderabad, Nov 6 (UNI) The Telangana State Renewable Energy Development Corporation Ltd (TGREDCO) on Thursday said that it aims to scale up the initiative with 6,000 EV charging stations by 2030 and 12,000 by 2035, underpinned by Telangana's EV & Energy Storage Policy (2020–2030) and Clean Energy Policy (2025).
Corporation Vice Chairman and Managing Director V. Anila said the program is also aligned with PM e-Drive and Telangana Mobility Valley, ensuring continued innovation and sustainability.

see more..