SBFC Finance Ltd

SBFC Finance Ltd announced that India Ratings & Research Private Limited, India Ratings & Research, India Ratings and Research (Ind-Ra), and India Ratings have affirmed ratings on various instruments linked to its originated securitizations. Specifically, India Ratings & Research affirmed the IND AA(SO)/Stable rating on Series A1 securitisation notes with an outstanding of 309.09 and the IND BBB-(SO)/Stable rating on Series A2 securitisation notes with an outstanding of 86; India Ratings & Research affirmed the IND AA(SO)/Stable rating on PTCs (Pass-Through Certificates) issued by Prime Trust LAP Aug 22 [SPV under ABS transaction] and affirmed the rating on Prime Trust LAP Aug 22’s SNs (Originated by SBFC Finance Limited); no enhancements, assignments, or withdrawals were noted in connection with these actions.

SBFC Finance Limited submitted certificates to the National Stock Exchange of India Limited and BSE Limited on October 8, 2026, as per Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended September 30, 2026. The certificates were issued by KFin Technologies Limited, the Registrar and Share Transfer Agent of SBFC Finance Limited, confirming the details of dematerialized and rematerialized securities have been furnished to the stock exchanges.

SBFC Finance Limited disclosed the issuance of a significant number of shares under its stock option plans, complying with SEBI regulations. The company issued 28,125,000 shares under Stock Option Policy 2023 - I, 28,189 shares under Stock Option Policy 2023 - II, and another 28,125,000 shares under Stock Option Policy 2023 - III, alongside an additional 11,625,000 shares under Stock Option Policy 2023 - II. All shares, identified by ISIN INE423Y01016, will be allotted on October 7, 2026, and will rank pari passu with existing shares. Exercise prices vary across the plans, ranging from Rs. 55 to Rs. 87.33, with a premium of Rs. 45 to Rs. 77.33 respectively, resulting in a substantial increase to the company’s total issued share capital.

SBFC Finance Ltd announced that ICRA Limited has reaffirmed and assigned ratings for its outstanding debt instruments, including reaffirming the [ICRA]AA- (Stable) rating for Long term Fund based bank facilities amounting to INR 3,000.00, with an enhanced amount of INR 900.00 assigned, reaffirming the [ICRA]A1+ rating for Commercial Paper of INR 200.00, and assigning the [ICRA]AA- (Stable) rating for Non-convertible debentures of INR 400.00 with a stable outlook, alongside reaffirming the [ICRA]AA- (Stable) rating for ISIN INE423Y07146 of INR 400.00; ICRA also rated various bank facilities of Axis Bank Limited, Bank of India, Canara Bank, CSB Bank Limited, DCB Bank Limited, Federal Bank Limited, IndusInd Bank Limited, Kotak Mahindra Bank Limited, State Bank of India, and Yes Bank Limited, all carrying an [ICRA]AA-(Stable) rating, with specific amounts ranging from INR 6.25 to INR 774.60, and reaffirming the rating for Commercial Paper of INR 200.00, while noting that the ratings are valid throughout the life of the captioned programme until withdrawn and subject to review.

SBFC Finance Ltd announced that India Ratings and Research Private Limited has assigned a "IND AA-" rating with a positive outlook to its Bank Loan facilities amounting to 1,000.00, affirmed the existing "AA-" rating on its Bank Loan facilities totaling 5,000.00, and affirmed the "AA-" rating on its Non-convertible Debentures totaling 500.00 (including an unutilised amount of 100.00) with ISIN INE423Y07104, INE423Y07138, alongside revising the outlook to positive for these instruments and N/A instruments; India Ratings also revised the outlook to positive for NCDs & Bank Loan Facilities, with rates applicable until September 30, 2026, and assigned a "IND AA-" rating with a positive outlook to an N/A instrument, while noting no further rating data was available from other agencies.

SBFC Finance Limited will hold a board meeting on Saturday, October 24, 2026, to consider and approve the unaudited financial results for the quarter and half year ending September 30, 2026, and the trading window for designated persons and their immediate relatives will be closed from October 1, 2026, until 48 hours after the results are declared.

SBFC Finance Limited will hold a board meeting on Saturday, October 24, 2026, to consider and approve the unaudited financial results for the quarter and half year ending September 30, 2026, and the trading window for designated persons and their immediate relatives will be closed from October 1, 2026, until 48 hours after the results are declared.

SBFC Finance Ltd announced that India Ratings & Research Private Limited, India Ratings and Research (Ind-Ra), and India Ratings have affirmed the IND AA(SO)/Stable rating on the Series A1 securitised notes amounting to 376.25, with a coupon rate linked to a benchmark of three-month ICICI MCLR rate plus a yield spread of 35bp; additionally, India Ratings & Research Private Limited affirmed the Prime Trust SBL Aug 22 rating, and has noted the N/A rating for Pass-through certificates (PTCs) issued by Prime Trust SBL Aug 22 [SPV under ABS transaction] originated by SBFC Finance Limited backed by a pool of asset-backed securities, with no enhancements, assignments, or withdrawals reported across any of the listed instruments.

SBFC Finance Ltd announced that CARE Ratings Limited has reaffirmed various instruments, including Bank Facilities amounting to an unspecified amount with a revision in outlook from stable to positive, Long Term Bank Facilities of Rs 6,000.00 with a rating of CARE AA-; Positive (previously CARE AA-; Stable), Commercial Paper of Rs 200.00 with a rating of CARE A1+, and Non-convertible Debentures of Rs 400.00 with a rating of CARE AA-; Positive, alongside enhancements to Long Term Bank Facilities previously enhanced from Rs 2,500.00 to Rs 6,000.00; additionally, CARE Ratings Ltd. has reaffirmed Tier II Bonds of Rs 500 Crore with a CARE AAA; Stable rating under continuous monitoring, Working Capital of Rs 200 Crore with a CARE A1+; Stable rating with a review due in Q3 2024, and Long term bank loan facilities of INR 500 crore with a revised rating of CARE 1A; Stable; CareEdge Ratings provided opinions as of a specific date, while noting that CARE Ratings is undertaking continuous monitoring for certain facilities and that data is unavailable from another agency, and that one rating is currently under the designation of ISSUER NOT COOPERATING.

SBFC Finance Ltd announced that ICRA Limited has revalidated the rating of “ICRA AA-; Stable” for its outstanding Non-convertible Debentures amounting to Rs 400.00 crore, with an outlook remaining Stable, and has also indicated a rating of [ICRA]AA- (Stable) for additional NCDs yet to be placed; furthermore, ICRA has validated the rating of [ICRA]A- (Stable) for Non-Convertible Debentures also amounting to Rs 400.00 crore, noting applicability to the Financial Sector Regulator and exclusion from SEBI's grievance redressal mechanisms, while separately assigning an AA- (Stable) rating.