ShaliBhadra Finance Limited disclosed that promoter group member Ayushi Doshi acquired 6,000 additional equity shares worth ₹5,38,893.95 through open market purchase on BSE on March 2, 2026. The transaction increased her shareholding from 5,09,500 shares (1.65%) to 5,15,500 shares (1.67%), representing a 0.02% increase in her stake.
ShaliBhadra Finance Promoter Group Member Acquires Additional Equity Shares Worth ₹5.39 Lakh
ShaliBhadra Finance Limited has disclosed the acquisition of equity shares by a promoter group member in compliance with regulatory requirements under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction demonstrates continued confidence from the company's promoter group in its business prospects.
Transaction Details
Ayushi Doshi, identified as a member of the promoter group, executed a market purchase of equity shares on March 2, 2026. The transaction details are presented below:
Parameter: Details Shares Purchased: 6,000 equity shares Transaction Value: ₹5,38,893.95 Purchase Date: March 2, 2026 Exchange: BSE Mode: Open Market Purchase
Shareholding Changes
The acquisition resulted in an increase in Doshi's shareholding in the company. The pre and post-transaction shareholding comparison shows:
Shareholding: Before Transaction After Transaction Change Number of Shares: 5,09,500 5,15,500 +6,000 Percentage Holding: 1.65% 1.67% +0.02%
Regulatory Compliance Framework
ShaliBhadra Finance Limited submitted the disclosure to BSE Limited on March 2, 2026, pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company's equity shares capital remains unchanged at 30,88,84,000 shares before and after the acquisition.
The disclosure was made through the prescribed format under SEBI SAST Regulations, which requires detailed reporting of shareholding changes by promoters and promoter group members. The filing confirms that no shares were encumbered and no voting rights were acquired through instruments other than equity shares.
Company Information
ShaliBhadra Finance Limited (CIN: L65923MH1992PLC064886) operates from its corporate office located at Kamat Industrial Estate, Prabhadevi, Mumbai. The company's shares are listed on the Bombay Stock Exchange under scrip code 511754.
The disclosure was signed by Vatsal M. Doshi, Managing Director (DIN: 07950770), confirming the company's commitment to regulatory transparency and compliance with SEBI guidelines for substantial acquisition disclosures.
Shalibhadra Finance Limited achieved a significant milestone in Q3FY26 by crossing the ₹200 crore Assets Under Management (AUM) threshold, closing the quarter at ₹212.49 crores. The RBI-registered NBFC, which specializes in small-ticket vehicle financing products with high yields across rural, semi-urban, and under-banked markets, demonstrated strong execution-led growth supported by improving ground-level demand trends.
Financial Performance and Growth Metrics
The company's AUM has shown consistent growth trajectory, expanding from ₹155 crores to ₹212.49 crores. This achievement reflects the strength of the company's expanding distribution network, disciplined underwriting framework, and sustained demand across core markets. Management remains confident of achieving the ₹220 crore AUM target by the end of FY26.
Performance Metric Q3FY26 Status AUM Achievement ₹212.49 Crores GNPA 3.01% Collection Efficiency Above 99% Branch Network 58 Branches Employee Strength 190 Employees Target Customer Base 107,875+ Customers
Operational Expansion and Infrastructure
During Q3FY26, Shalibhadra Finance expanded its branch network to 58 branches and strengthened its workforce to 190 employees, enhancing sourcing capabilities, service reach, and collection oversight. The company operates across 4 states covering 40+ districts, serving over 107,875 customers without following any franchise or Direct Selling Agent (DSA) model.
The company's operational footprint spans across:
Gujarat: Multiple locations including Dabhoi, Dahod, Halol, Himmatnagar, Vyara, Mehsana, Vapi, Junagadh, and others
Maharashtra: Extensive presence including Mumbai, Nashik, Kolhapur, Pune, Ahmednagar, and various other cities
Madhya Pradesh: Operations in Dewas, Harda, Khandva, Ujjain, Ratlam, and other centers
Rajasthan: Presence in Dungarpur
Product Portfolio and Market Focus
The company maintains a well-diversified portfolio led by new and used two-wheelers, ensuring balanced growth and risk distribution. The product range includes:
Product Category Target Customer Average Ticket Size Loan Tenure New Two-Wheeler Loans Rural/Semi-urban customers Varies 6 to 36 months Used Two-Wheeler Loans Under-banked segments Varies 6 to 36 months Three-Wheeler Loans Commercial vehicle users Varies 6 to 60 months Used Four-Wheeler Loans Individual/commercial users Varies 6 to 60 months Personal Loans Individual customers Varies 6 to 36 months Property Loans Property owners Varies 6 to 84 months
Asset Quality and Risk Management
Asset quality remained stable during the quarter, with GNPA at 3.01%, reflecting prudent credit selection and consistent monitoring despite accelerated portfolio growth. Collection efficiency continues to remain strong at above 99%, underscoring the resilience of the borrower base and disciplined recovery framework.
The company maintains almost 100% of loans backed by secured credit exposure, contributing to one of the lowest NPAs in the industry. While festive-led sales focus resulted in a marginal dip in collection efficiency, overall efficiency metrics demonstrate the strength of the company's risk-adjusted profitability profile.
Market Drivers and Business Environment
The reduction in GST on two-wheelers materially improved affordability, resulting in stronger vehicle sales and a notable pickup in disbursements during the quarter. This policy change supported the growth momentum witnessed in Q3FY26, which was execution-led and backed by improving ground-level demand trends.
Capital Position and Funding
AUM growth during the quarter has been partly funded through incremental borrowings, leading to a moderation in capital adequacy. However, the company's capital position remains comfortable and provides adequate headroom for calibrated expansion. The company is backed by leading banks and NBFCs, ensuring reliable capital flow for sustained operations.
Outlook and Strategic Direction
As the company enters Q4FY26 with strengthened infrastructure and strong pipeline visibility, management expects business momentum to remain healthy while continuing to balance growth with asset quality and capital prudence. The expansion positions the company well to sustain growth while maintaining operational control across its target markets in rural and semi-urban India.
We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.
Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.
As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.