Interim report
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SBFC Finance Limited Registered Office: Unit No. 103, 1st Floor, C&B Square, Sangam Complex, Andheri Kurla Road, Village Chakala, Andheri (East) Mumbai - 400 059 T. : +91-22-67875300 • F : +91-22-67875334 • www.SBFC.com • Email: complianceofficer@sbfc.com CIN No : L67190MH2008PLC178270 24th October, 2026 National Stock Exchange of India Limited, Exchange Plaza, Plot No. C/1, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai – 400051. NSE Symbol: SBFC BSE Limited, Phiroze Jeejeebhoy Towers, 21st Floor, Dalal Street, Mumbai – 400001. BSE Equity Scrip Code: 543959 Sub: Outcome of the Board Meeting held on 24th October, 2026 – Financial Results Dear Sir/Madam, This is to inform you that in compliance with Regulations 30, 33, 51, 52 and 54 read with Schedule III and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), the Board of Directors of the Company at its meeting held today i.e. Saturday, 24th October, 2026, on the basis of recommendation of the Audit Committee has inter-alia, approved the unaudited financial results for the quarter and half year ended 30th September, 2026. In this regard, we are enclosing the following documents: 1. Unaudited financial results for the quarter and half year ended 30 th September, 202 6 along with unmodified Limited Review Report thereon, issued by the Statutory Auditors of the Company viz. M/s. M M Nissim & Co. LLP , Chartered Accountants; 2. Disclosure under Regulation 52(4) of SEBI Listing Regulations; 3. Certificate of Security Cover pursuant to Regulation 54(3) of SEBI Listing Regulations; 4. Statement of utilisation of issue proceeds of Non -convertible Debentures for the quarter ended 30th September, 2026 as required under Regulation 52(7) of SEBI Listing Regulations; 5. Certificate on use of proceeds from issue of Commercial papers for the quarter ended 30th September, 2026. 6. Statement of related party transactions for the half year ended 30th September, 2026 in accordance with Regulation 23(9) of the SEBI Listing Regulations. We confirm that the Company maintains sufficient security cover in respect of the secured listed non - convertible debentures as per security cover certificate attached. The Board Meeting commenced at 12:00 Noon (IST) and the unaudited financial results for the quarter and half year ended 30 th September, 202 6 were approved by the Board of Directors at 12:18 PM (IST) at its meeting held today, and thereafter the Board meeting continued for consideration of other agenda items. This disclosure shall be uploaded on the website of the Company at https://www.sbfc.com/investors. Thanking you, Yours faithfully, For SBFC Finance Limited Namrata Sajnani Company Secretary & Chief Compliance Officer Encl: as above
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CA M M NISSIM & CO LLP I N D :!' CHARTERED ACCOUNTA NT S Regd. Office : Barodawala Mansion, 8-Wing, 3rd Floor, Tel. LLPIN Website 81, Dr. Annie Besant Road, Worli, Mumbai - 400 018. +91 22 6987 9900 35113710/23/25/28 AAT - 7548 www.mmnissim.com Independent Auditors' Review Report on the Unaudited Quarterly Financial Results of SBFC Finance Limited for the quarter and half year ended September 30, 2026, pursuant to Regulation 33, Regulation 52 and Regulation 54 read with Regulation 63 (2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 To The Board of Directors of SBFC Finance Limited 1. We have reviewed the accompanying Statement of Unaudited Financial Results of SBFC Finance Limited ("the NBFC"), for the quart er and half year ended September 30, 2026 ("the Statement") attached herewith, being submitted by the NBFC pursuant to the requirements of Regulation 33, Regulation 52 and Regulation 54 read with Regulation 63 (2) of the Securities and Exchange Board of India ("SEBI") (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("the Listing Regulations"). 2. The Statement, which is the responsibility of the NBFC's Management and approved by the Board of Directors of the NBFC, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 'Interim Financial Reporting' ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 ("the Act") as amended read with relevant rules issued thereunder and the circulars, guidelines and directions issued by Reserve Bank of India ("RBI") from time to time, applicable to the NBFC ("RBI guidelines") and other accounting principles generally accepted in India and in compliance with the presentation and disclosure requirement under Regulation 33, Regulation 52 and Regulation 54 read with Regulation 63 (2) of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 'Review of Interim Financial Information Performed by the Independent Auditor of the Entity', issued by the Institut e of Chartered Accountants of India ("ICAI"). This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free from material misstat ement. A review of interim financial information consists of makin g inquiries, prima rily of the NBFC's personnel responsible for financial and accounting matters and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified und er Section 143(10) of the Act and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingl y, we do not express an audit opinion.
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CA M M NISSIM & co LLP IND ~ CHARTERED ACCOUNTANTS Continuation Sheet.. ..... . 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the Ind AS 34, prescribed under Section 133 of the Act, as amended read with relevant rules issued thereunder, the RBI guidelines and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33, Regulation 52 and Regulation 54 read with Regulation 63 (2) of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement or that it has not been prepared in accordance with the relevant prudential norms issued by RBI in respect of income recognition, asset classification, provisioning, to the extent applicable to the NBFC, and other related matters. For MM NISSIM & CO LLP Chartered Accountants Firm Registration No: 107122W /W100672 Hiren PMuni Partner Membership No. 142067 UDIN: 26142067PSEJQP4863 Mumbai October 24, 2026
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(₹ in million) Year ended September 30, 2026 June 30, 2026 September 30, 2025 September 30, 2026 September 30, 2025 March 31, 2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) (I) Revenue from operations (a) Interest income 5,130.09 4,596.07 3,795.31 9,726.16 7,344.28 15,542.52 (b) Fees and commission income 291.28 273.47 255.22 564.75 503.45 1,058.54 (c) Net gain on fair value changes 21.60 24.15 45.61 45.75 119.16 130.84 (d) Other operating income 20.90 20.95 11.70 41.85 25.33 56.31 Total revenue from operations 5,463.87 4,914.64 4,107.84 10,378.51 7,992.22 16,788.21 (II) Other income 2.75 1.01 2.18 3.76 3.24 6.81 (III) Total income (I + II) 5,466.62 4,915.65 4,110.02 10,382.27 7,995.46 16,795.02 (IV) Expenses (a) Finance costs 1,959.68 1,524.94 1,289.55 3,484.62 2,540.14 5,373.74 (b) Impairment on financial instruments 414.44 416.87 309.50 831.31 557.80 1,254.91 (c) Employee benefits expense 867.61 888.64 717.68 1,756.25 1,420.89 2,861.04 (d) Depreciation and amortisation expense 51.28 48.49 50.79 99.77 101.16 201.09 (e) Other expenses 315.82 295.49 283.66 611.31 559.53 1,068.31 Total expenses 3,608.83 3,174.43 2,651.18 6,783.26 5,179.52 10,759.09 (V) Profit before tax (III - IV) 1,857.79 1,741.22 1,458.84 3,599.01 2,815.94 6,035.93 (VI) Tax expense: (a) Current tax 556.34 521.45 401.19 1,077.79 774.39 1,688.07 (b) Short/ (excess) provision for tax for earlier years (0.12) - - (0.12) 6.34 7.24 (c) Deferred tax (87.17) (81.46) (33.70) (168.63) (65.05) (167.71) Total tax expense 469.05 439.99 367.49 909.04 715.68 1,527.60 (VII) Net profit for the period/year (V - VI) 1,388.74 1,301.23 1,091.35 2,689.97 2,100.26 4,508.33 (A) Items that will not be reclassified to profit or loss (i) Remeasurement of defined benefit plans 4.64 (2.18) (0.96) 2.46 (5.13) (11.51) (ii) Income tax relating to items that will not be (1.17) 0.55 0.24 (0.62) 1.29 2.90 reclassified to profit or loss (B) Items that will be reclassified to profit or loss (i) The effective portion of gains and losses on hedging instruments 148.11 108.60 68.68 256.71 30.95 (72.04) in a cash flow hedge (ii) Income tax relating to items that will be (37.28) (27.33) (17.29) (64.61) (7.79) 18.13 reclassified to profit or loss (VIII) Other comprehensive income 114.30 79.64 50.67 193.94 19.32 (62.52) (IX) Total comprehensive income for the period/ year (VII + VIII) 1,503.04 1,380.87 1,142.02 2,883.91 2,119.58 4,445.81 (X) Paid-up equity share capital (Face value ₹ 10/- per share) 11,083.13 11,065.97 10,924.87 11,083.13 10,924.87 11,057.04 (XI) Other equity - - - - - 26,194.48 (XII) Earnings per equity share* Basic (₹) 1.25 1.18 1.00 2.43 1.93 4.13 Diluted (₹) 1.25 1.17 0.99 2.42 1.90 4.10 *EPS is not annualized for the quarter and half year ended. SBFC Finance Limited Quarter ended Statement of Unaudited Financial Results for the quarter and half year ended September 30, 2026 Sr No. Particulars Half year ended
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Notes: 1] (₹ in million) (Unaudited) (Audited) A ASSETS I. Financial assets (a) Cash and cash equivalents 6,813.97 4,810.42 (b) Bank balances other than cash and cash equivalents 7,730.46 1,639.90 (c) Derivative financial instruments 841.65 798.21 (d) Receivables (i) Trade receivables 243.84 202.87 (e) Loans 111,609.92 98,051.93 (f) Investments 5,981.59 1,924.44 (g) Other financial assets 49.80 43.33 Sub Total- Financial Assets 133,271.23 107,471.10 II. Non-Financial assets (a) Current tax assets (net) - 0.09 (b) Deferred tax assets (net) 264.39 160.99 (c) Property, plant and equipment 528.72 490.89 (d) Intangible assets under development 9.01 18.73 (e) Goodwill 2,603.92 2,603.92 (f) Other intangible assets 72.74 46.09 (g) Other non-financial assets 97.18 62.21 Sub Total- Non-Financial Assets 3,575.96 3,382.92 Total Assets 136,847.19 110,854.02 B LIABILITIES AND EQUITY I. Financial Liabilities (a) Derivative financial instruments - - (b) Payables (A) Trade payables (i) total outstanding dues of micro enterprises and small enterprises 4.99 4.04 (ii) total outstanding dues of creditors other than micro enterprises and small enterprises 151.48 110.13 (B) Other payables (i) total outstanding dues of micro enterprises and small enterprises - - (ii) total outstanding dues of creditors other than micro enterprises and small enterprises 29.10 12.27 (c) Debt securities 9,258.59 8,193.72 (d) Borrowings (other than debt securities) 84,123.42 63,423.41 (e) Other financial liabilities 2,656.05 1,774.54 Sub Total- Financial Liabilities 96,223.63 73,518.11 II. Non-Financial Liabilities (a) Current tax liabilities (net) 22.43 16.39 (b) Provisions 1.46 17.08 (c) Deferred tax liabilities (net) - - (d) Other non-financial liabilities 108.70 50.92 Sub Total- Non-Financial Liabilities 132.59 84.39 Total Liabilities 96,356.22 73,602.50 III. Equity (a) Equity share capital 11,083.13 11,057.04 (b) Other equity 29,407.84 26,194.48 Sub Total- Equity 40,490.97 37,251.52 Total Liabilities and Equity 136,847.19 110,854.02 Statement of Assets and Liabilities as at September 30, 2026 SBFC Finance Limited Sr. No. Particulars As at March 31, 2026 As at September 30, 2026
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2] (₹ In Million) For the half year ended September 30, 2026 For the half year ended September 30, 2025 (Unaudited) (Unaudited) Cash flow from Operating activities Profit before tax 3,599.01 2,815.94 Adjustments for: Depreciation and amortisation expenses 99.77 101.16 Interest income on loans (9,386.91) (7,249.94) Interest income on investments (53.27) (30.96) Interest income on fixed deposits (285.98) (63.38) Fees and commission income (564.75) (503.45) Cash inflow from fees and commission income including other operating income523.78 342.69 Finance costs on borrowings and debt securities 3,471.56 2,529.72 Finance costs on lease liability 12.78 9.85 (45.75) (119.16) Impairment on financial instruments 831.31 557.80 Employee share based payment 50.56 71.34 Net gain on termination of lease liability (15.33) (17.43) (0.83) 0.80 Operational Cash Flows: Interest received on loans 8,355.37 7,259.25 Interest received on investments 105.83 23.68 Interest received on fixed deposits 216.37 63.44 Interest paid on borrowings and debt securities (3,291.67) (2,430.90) Operating Profit before working capital changes 3,621.85 3,360.45 Changes in working capital: Increase/ (Decrease) in payables 59.13 65.85 Increase/ (Decrease) in Derivative Financial Instrument 215.73 (384.95) Increase/ (Decrease) in Other financial liabilities 881.51 753.85 Increase/ (Decrease) in Other non-financial liabilities 57.78 (32.19) Increase/ (Decrease) in provision (15.62) 7.89 (Increase)/ Decrease in loans and advances (13,358.15) (11,364.61) (Increase)/ Decrease in other financial assets (6.47) (1.21) (Increase)/ Decrease in other non-financial assets (34.98) (5.34) Cash flows used in Operating activities (8,579.22) (7,600.26) Income taxes refund/ (paid) (1,071.53) (755.73) Net cash used in Operating activities (9,650.75) (8,355.99) SBFC Finance Limited Statement of Cash Flows for the half year ended September 30, 2026 Net gain on financial instruments at fair value through profit or loss Loss on sale/ discard of Property, plant and equipment/ Intangible assets Particulars
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For the half year ended September 30, 2026 For the half year ended September 30, 2025 (Unaudited) (Unaudited) Particulars Cash flow from Investing activities Purchase of property, plant and equipment (103.36) (49.13) (23.46) (11.59) Proceeds from sale of property, plant and equipment 8.35 0.41 Investment in Security receipts (210.47) (131.63) Purchase of investments at fair value through profit and loss (35,609.69) (25,296.94) Sale of investments at fair value through profit and loss 33,806.20 25,303.48 Purchase of investment in T-Bill (2,050.00) (50.00) Redemption/ Sale of investment in T-Bill - - Placement of fixed deposits (6,535.40) (278.13) Maturity/ Redemption of fixed deposits 514.45 278.07 Net cash generated from Investing activities (10,203.38) (235.46) Cash flow from Financing activities 145.64 290.02 159.34 (39.75) Proceeds from borrowings other than debt securities 38,714.93 24,110.84 Repayment of borrowings other than debt securities (18,129.55) (14,096.32) Debt securities issued 2,500.00 2,000.00 Repayment of debt securities (1,500.00) (3,000.00) Principal repayment of lease liabilities (19.90) (30.58) Interest paid on lease liabilities (12.78) (9.85) Net cash (used in)/ generated from Financing activities 21,857.68 9,224.36 Net increase in cash and cash equivalents 2,003.55 632.91 4,810.42 2,653.98 Cash and cash equivalents at end of period 6,813.97 3,286.89 Cash and cash equivalents at the end of the period comprises of: Cash in hand 70.76 66.14 Balance with banks - In current accounts 2,053.29 3,220.75 4,650.11 - 39.81 - TOTAL 6,813.97 3,286.89 - In fixed deposit with original maturity of less than 3 months - Interest accrued but not due Proceeds from issuance of equity share capital including securities premium Cash and cash equivalents at beginning of year Purchase of intangible assets (including intangible assets under development) Proceeds from Share Application Money
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3] 4] 5] 6] 7] 8] (₹ in million) Exposure to accounts classified as Standard consequent to implementation of resolution plan – Position as at the end of March 31, 2026 (A) Of (A), aggregate debt that slipped into NPA during the half year Of (A) amount written off during the half year Of (A) amount paid by the borrowers during the half year Exposure to accounts classified as Standard consequent to implementation of resolution plan – Position as at the end of September 30, 2026 18.85 - - 1.53 17.32 18.85 - - 1.53 17.32 9] (₹ in million) Sr. No. Quarter ended (i) 17,456.90 3,491.38 13,965.52 (ii) 13.27% (iii) 29.89 (iv) MSME Loans (v) GNPA - 3.79% (vi) NA 10] (₹ in million) To ARCs 919 553.87 5.80 316.08 360.00 - 11] 12] Others Total # This represents Salaried customers. * As defined in Section 3(7) of the Insolvency and Bankruptcy Code, 2016 Additional consideration realized in respect of accounts transferred in earlier years Particulars Disclosure pursuant to RBI notification No. RBI/DOR/2025-26/359 DOR.ACC.REC.No.278/21.04.018/2025-26 dated November 28, 2025 Details of stressed loans transferred during the quarter ended September 30, 2026 No. of accounts Aggregate principal outstanding of loans transferred Weighted average residual tenor of the loans transferred Net book value of loans transferred (at the time of transfer) Aggregate consideration Disclosure pursuant to Reserve Bank of India notification RBI/2021-22/31DOR.STR.REC.11/21.04.048/2021-22 dated May 5, 2021 read with Notification no. RBI/2020-21/16 DOR.No.BP.BC/3/21.04.048/2020-21 dated August 6, 2020. Type of borrower Personal Loans # Corporate persons* Of which MSMEs Information as required by Regulation 52 (4) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 is as per 'Annexure I' attached. Pursuant to Regulation 54 of the SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015, all the Secured Non-Convertible Debentures of the Company are secured by way of first pari-passu charge on Standard Loans and advances of the Company. Further, the Company has maintained minimum 1.10x asset cover as stated in the information memorandum which is sufficient to discharge the principal amount for the Non-Convertible Debentures issued. The Financial Results (the 'Statement') has been prepared in accordance with and comply in all material aspects with Indian Accounting Standards ('Ind AS') notified under Section 133 of the Companies Act, 2013 ('the Act') read with the Companies (Indian Accounting Standards) Rules, 2015 as amended from time to time and other accounting principles generally accepted in India and in compliance with Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations"). The Company is registered with the Reserve Bank of India (RBI) as a Non deposit taking Non-Banking Financial Company ("NBFC") as defined under section 45-IA of the Reserve Bank of India (RBI) Act, 1934 and is classified under "Middle Layer" pursuant to Reserve Bank of India (Non-Banking Financial Companies – Registration, Exemptions and Framework for Scale Based Regulation) Directions, 2025 The above Results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meeting held on October 24, 2026. The Results for the quarter and half year ended September 30, 2026 have been reviewed by the statutory auditors, viz. M M NISSIM & CO LLP, Chartered Accountants. These Results would be made available on the website of the Company (www.sbfc.com) and on the website of stock exchanges i.e., BSE (www.bseindia.com) and NSE (www.nseindia.com). The Company has applied its material accounting policies in the preparation of this Statement consistent with those followed in the financial statements for the year ended March 31, 2026. Any application of circulars/ directions issued by the RBI or other regulators are implemented prospectively when they become applicable. The Company is engaged mainly in the business of financing and there are no separate reportable segments as per Ind AS 108 dealing with Operating Segments. The Company operates only in a single geographical segment i.e., domestic. Disclosure on Co-Lending Arrangements as per Reserve Bank of India (Non-Banking Financial Companies —Financial Statements: Presentation and Disclosures) Directions, 2025 (Updated as on July 01, 2026) Particulars Quantum of CLAs - SBFC - Non-SBFC Weighted average rate of interest Fees charged / paid Broad sectors in which CLA was made Performance of loans under CLA Default loss guarantee, if any
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13] 14] SBFC Finance Limited For and on behalf of Board of Directors of Previous period's figures have been regrouped/ reclassified wherever necessary to conform to current period's presentation. 17,15,794 and 26,08,338 equity shares have been issued to eligible employees pursuant to exercise of the outstanding vested Options under various SBFC Stock option policies during the quarter and half year ended September 30, 2026 respectively. Date : October 24, 2026 Managing Director & CEO DIN: 06561389 Place: Mumbai Mahesh Dayani
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Annexure I: Year ended September 30, 2026 June 30, 2026 September 30, 2025 September 30, 2026 September 30, 2025 March 31, 2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) 1 Debt equity ratio (times) (Debt Securities + Borrowings(Other than debt Securities)/ (Equity Share Capital + Other Equity) 2.31 2.29 1.80 2.31 1.80 1.92 2 Debt service coverage ratio NA NA NA NA NA NA 3 Interest service coverage ratio NA NA NA NA NA NA 4 Capital redemption reserve NA NA NA NA NA NA 5 Debenture redemption reserve NA NA NA NA NA NA 6 Outstanding Redeemable Preference Shares (Quantity) NA NA NA NA NA NA 7 Outstanding Redeemable Preference Shares (Value) NA NA NA NA NA NA 8 Net worth (₹ in million) (Equity Share Capital + Other Equity) 40,490.97 38,731.77 34,342.50 40,490.97 34,342.50 37,251.52 9 Net profit after tax (₹ in million) 1,388.74 1,301.23 1,091.35 2,689.97 2,100.26 4,508.33 10 Earnings per share (not annualized for quarter and half year ended) (a) Basic 1.25 1.18 1.00 2.43 1.93 4.13 (b) Diluted 1.25 1.17 0.99 2.42 1.90 4.10 11 Current ratio NA NA NA NA NA NA 12 Long term debt to working capital NA NA NA NA NA NA 13 Bad debts to accounts receivable ratio NA NA NA NA NA NA 14 Current liability ratio NA NA NA NA NA NA 15 Total debts to total assets ratio (times) (Debt Securities + Borrowings(Other than debt Securities))/ Total Assets 0.68 0.68 0.63 0.68 0.63 0.65 16 Debtors turnover ratio NA NA NA NA NA NA 17 Inventory turnover ratio NA NA NA NA NA NA 18 Operating margin NA NA NA NA NA NA 19 Net profit margin Profit after Tax/ Total Income 25.40% 26.47% 26.55% 25.91% 26.27% 26.84% 20 Gross non performing asset (GNPA %) Gross Stage III Loans/ Gross Loans 2.64% 2.66% 2.77% 2.64% 2.77% 2.61% 21 Net non performing asset (NNPA %) (Gross Stage III Loans - impairment loss allowance for Stage III Loans)/ (Gross Loans - impairment loss allowance for Stage III Loans) 1.54% 1.55% 1.51% 1.54% 1.51% 1.54% 22 Provision coverage ratio Impairment loss allowance on Gross Stage III Loans/ Gross Stage III Loans 42.24% 42.22% 46.17% 42.24% 46.17% 41.64% 23 Capital to risk assets ratio 31.27% 31.95% 34.05% 31.27% 34.05% 32.84% 24 Liquidity coverage ratio 193.85% 216.73% 174.00% 193.85% 174.00% 145.36% Disclosures in compliance with Regulation 52(4) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015) for the quarter and half year ended September 30, 2026: NA- Not applicable. As per the management, these ratios are either not applicable or cannot be meaningfully computed considering the nature of the Company's operations. Sr No Ratio Computation Quarter ended Half year ended
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SBFC Finance Limited Registered Office: Unit No. 103, 1st Floor, C&B Square, Sangam Complex, Andheri Kurla Road, Village Chakala, Andheri (East) Mumbai - 400 059 T. : +91-22-67875300 • F : +91-22-67875334 • www.SBFC.com • Email: complianceofficer@sbfc.com CIN No : L67190MH2008PLC178270 24th October, 2026 National Stock Exchange of India Limited, Exchange Plaza, Plot No. C/1, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai – 400051. NSE Symbol: SBFC BSE Limited, Phiroze Jeejeebhoy Towers, 21st Floor, Dalal Street, Mumbai – 400001. BSE Scrip Code: 543959 Sub: Disclosure of Security Cover under Regulation 54(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to the captioned regulation, it is hereby declared that the Company maintains sufficient security cover in respect of the secured listed non -convertible debentures of the Company . The Security Cover Certificate as on 30th September, 2026 is enclosed. We request you to take this on record. Thanking you, Yours faithfully, For SBFC Finance Limited Namrata Sajnani Company Secretary & Chief Compliance Officer Encl: as above
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CA M M NISSIM & co LLP 1N o r CHARTERED ACCOUNTANTS Certificate No: MMN/C/2026-27 /Oct/026 The Board of Directors SBFC Finance Limited 103, 1st Floor, C&B square, Sangarn Complex, Andheri Kurla Road, Chakala, Andheri (East), Mumbai - 400059 Regd. Office : Barodawala Mansion, B-Wing, 3rd Floor, Tel. LLPIN Website 81, Dr. Annie Besant Road, Worli, Mumbai - 400 018. +91 22 6987 9900 3511 3710/23/25/28 AAT- 7548 www.mmnissim.com Independent Auditor's certificate on Security Cover as on September 30, 2026 Dear Sir, 1. This Certificate is issued in accordance with the terms of the engagement letter dated April 27, 2026. 2. The SBFC Finance Limited ("the Company") has raised money through issue of Non Convertible Debentures ("NCDs"), which have been listed on the recognised Stock Exchange. SBICAP Trustee Company Limited has been appointed as Trustee (the "Debenture Trustees") for the subscribers to the NCDs. 3. Pursuant to Regulation 56(1)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, master circular no. SEBI/HO/DDHS-PoD- 1/P/CIR/2025/117 dated August 13, 2025, and Regulation 15(1)(t) of the Securities and Exchange Board of India (Debenture Trustees) Regulations, 1993, as amended from time to time, (together referred to as the "Regulations"), the Company is required to submit to Stock Exchange and Debenture Trustees a certificate regarding maintenance of Security Cover. 4. Accordingly, we, as Statutory Auditor of the Company, have been requested by the Company to examine the accompanying "Statement of Security Cover as on September 30, 2026 from column A to J" (the "Statement"). The accompanying Statement has been prepared by the Management of the Company from the unaudited financial statements, unaudited books of accounts and other relevant records maintained by the Company. Management's Responsibility 5. The preparation of the Statement is the responsibility of the Management of the Company including the preparation and maintenance of all accounting and other relevant supporting records and documents. This responsibility includes the design, implementation and maintenance of internal control relevant to the preparation and presentation of the Statement and applying an appropriate basis of preparation; and making estimates that are reasonable in the circumstances.
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(A- M M NISSIM & CO LLP INDIA CHARTERED ACCOUNTANTS Continuation Sheet ....... . Management's Responsibility (Continued) 6. Management of the Company is also responsible for ensuring that the Company complies with all the relevant requirements of the Regulations and for providing all relevant information to the Debenture Trustees. Auditor's Responsibility 7. Our responsibility is to provide limited assurance as to whether anything has come to our attention that causes us to believe that the particulars contained in the aforesaid Statement with respect to book value of asset charged against the listed Debentures issued by the Company are not in agreement with the unaudited financial statements, unaudited books of accounts and other relevant records as on September 30, 2026 maintained by the Company. 8. We conducted our examination of the Statements, on test basis, in accordance with the Guidance Note on Reports or Certificates for Special Purposes (Revised 2016) issued by the Institute of Chartered Accountants of India ("ICAI''). The Guidance Note requires that we comply with the ethical requirements of the Code of Ethics issued by the ICAI. 9. Our scope of work did not include verification of compliance with any other requirement of other circulars and notifications issued by any regulatory authorities from time to time and any other laws and regulations applicable to the Company. Further, our scope of work did not involve performing audit tests for the purpose of expressing an opinion on the fairness or accuracy of any of the unaudited financial information or the unaudited financial statements of the Company, taken as a whole. We have not performed an audit, the objective of which would be the expression of an opinion on the unaudited financial statements, of specified elements, c}Ccounts or items thereof for the purpose of this certificate. Accordingly, we do not express such an opinion. 10. We have complied with the relevant applicable requirements of the Standard on Quality Control (SQC) 1, Quality Control for Firms that Perform Audits and Reviews of Historical Financial Information, and Other Assurance and Related Services Engagements issued by theICAI. 11. A limited assurance engagement includes performing procedures to obtain sufficient appropriate evidence on the applicable criteria. The procedures performed vary in nature and timing from, and are less extent than for, a reasonable assurance. Consequently, the level of assurance obtained is substantially lower than the assurance that would have been obtained had a reasonable assurance engagement been performed. The procedures selected depend on the auditor's judgement, including the assessment of the areas where a material misstatement of the subject matter information is likely to arise. For the purpose of this engagement, we have performed following procedures: a. Obtained and read the relevant clauses of Trust Deeds in respect of the listed Debentures and noted the Security Cover required to be maintained by the Company in respect of such Debentures, as indicated in the Statement.
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CA M M NISSIM & co LLP IND ~ CHARTERED ACCOUNTANTS Continuation Sheet... ..... Auditor's Responsibility (Continued) b. Traced the principal amount of the Debentures outstanding as on September 30, 2026, to the unaudited financial statements, the unaudited books of account and other relevant records maintained by the Company. c. Obtained and read the list of book debts charged as security in respect of the Debentures outstanding. d. Traced the value of book debts from the Statement to the unaudited financial statements, unaudited books of accounts and other relevant records maintained by the Company as on September 30, 2026. e. Traced the security charged with register of charges maintained by the Company and 'Form No. CHG-9' filed with Ministry of Corporate Affairs ('MCA'). f. Traced the value of charge created against the book debts to the Security Cover indicated in the Statement. g. Performed on test check basis the arithmetical accuracy of the comp utation of Security Cover indicated in the Statement. h. Compared the Security Cover with the requirements as per Trust Deed. i. Performed necessary inquiries with the Management and obtained necessary representations. Conclusion 12. Based on the procedures performed by us, as referred to in paragraph 11 above and according to the information and explanations received and management representations obtained, nothing has come to our attention that causes us to believe that the particulars contained in the aforesaid Statement with respect to book value of asset charged against listed Debentures issued by the Company are not in agreement with the unaudited financial statements, unaudited books of accounts and other relevant records as on September 30, 2026 maintained by the Company. Other Matter 13. As per Chapter V para 1 of the Master circular no. SEBI/HO/DDHS-PoD- 1/P/CIR/2025/117 dated August 13, 2025, we are required to certify the book value of the assets, hence, we have not verified market value provided in the Statement of Security Cover (i.e. from Column K to Column 0) and accordingly we do not express any conclusion on the same.
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CA M M NISSIM & co LLP I ND ~ CHARTERED ACCOUNTANTS Continuation Sheet ....... . Restriction on Use 14. Our work was perfo rmed solely to assist you in meeting your responsibilities in relation to your compliance with the Regulations. Our obligations in respect of this certificate are entirely separate from, and our responsibility and liability is in no way changed by, any other role we may have as statutory auditors of the Company or otherwise . Nothing in this certificate, nor anything said or done in the course of or in connection with the services that are the subject of this certificate, will extend any duty of care in connection with the statutory audit and other attest function carried out by us in our capacity as statutory auditors of the Company . 15. The certificate has been issued at the request of the Compan y, solely in connection with the purpos e mention ed in para graph 3 above and to be submitt ed with the accompanying Statement to the Stock Exchang e and Debenture Trustees and is not to be used or referred to for any other person. Accordingly , we do not accept or assume any liability or any duty of care for any other purpose or to any other person to whom this certificate is shown or into whose hands it may come. We have no responsibility to update this certificate for events and circumstances occurring after the date of this certificate . For MM NISSIM & CO LLP Chartered Accauntants Firm Registration No: 107122W / W100672 Hiren PMuni Partner Membership No. 142067 UDIN: 26142067CRGVQP7115 Mumbai October 24, 2026
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Statement of Security Cover as at September 30, 2026 (₹ In million) Column A Column B Column C Column D Column E Column F Column G Column I Column J Column K Column L Column M Column N Column O Exclusive Charge Exclusive Charge (Refer Note 1) Pari- Passu Charge Pari- Passu Charge (Refer Note 2) Pari- Passu Charge (Refer Note 2) Debt not backed by any asset offered as security Assets not offered as Security Elimination (amount in negative) (Total C to I) Carrying/ book value for exclusive charge assets where market value is not ascertainable or applicable (For Eg. Bank Balance, DSRA market value is not applicable) Market Value for Pari passu charge Assets Carrying value/ book value for pari passu charge assets where market value is not ascertainable or applicable (For Eg. Bank Balance, DSRA market value is not applicable) Book Value Book Value Yes/ No Book Value Book Value ASSETS - - - - - Property, Plant and Equipment - - - - - 282.70 - 282.70 - - - - - Capital Work-in- Progress - - - - - - - - - - - - - Right of Use Assets - - - - - 246.02 - 246.02 - - - - - Goodwill - - - - - 2,603.92 - 2,603.92 - - - - - Intangible Assets - - - - - 72.74 - 72.74 - - - - - Intangible Assets under Development - - - - - 9.01 - 9.01 - - - - - Investments - - - - - 5,981.59 - 5,981.59 - - - - - Loans Loans to customers (net of ECL) - 3,668.83 11,029.50 95,177.20 - 1,734.39 - 111,609.92 - - - 11,029.50 11,029.50 Inventories - - - - - - - - - - - - - Trade Receivables - - - - - 243.84 - 243.84 - - - - - Cash and Cash Equivalents - - - - - 6,813.97 - 6,813.97 - - - - - Bank Balances other than Cash and Cash Equivalents - 1,528.99 - - - 6,201.47 - 7,730.46 - - - - - Others - - - - - 1,253.02 - 1,253.02 - - - - - Total - 5,197.82 11,029.50 95,177.20 - 25,442.67 - 136,847.19 - - - 11,029.50 11,029.50 - LIABILITIES - Debt securities to which this certificate pertains - - Yes 9,258.59 - - - - 9,258.59 Other debt sharing pari-passu charge with above debt - Other Debt - - - - - - - Subordinated debt - - - - - - - Borrowings - No - 8,083.24 - - - 8,083.24 Bank 4,227.98 No - 71,812.20 - - 76,040.18 Debt Securities - - - - - - - Others - - - - - - - Trade payables - - - - 185.57 - 185.57 Lease Liabilities - - - - 259.22 - 259.22 Provisions - - - - 1.46 - 1.46 Others - - - - 2,527.96 - 2,527.96 Total 4,227.98 9,258.59 79,895.44 - 2,974.21 - 96,356.22 Cover on Book Value Cover on Market Value Exclusive Security Cover Ratio 1.23 Pari-Passu Security Cover Ratio 1.19 1.19 Notes : Sanket Agrawal Place: Mumbai Column H Relating to Column F Total Value (=K+L+M+ N) Chief Financial Officer Date : October 24, 2026 1. Column D includes proportionate borrowing from bank as per available asset with exclusive charge in proportion to 1.10 times of security cover. 2. For debt and borrowings with pari passu charge in Column F and G, the balance assets available for security cover have been allocated proportionately between the debt and borrowings. For SBFC Finance Limited Particulars Description of asset for which this certificate relate not to be filled Related to only those items covered by this certificate debt amount considered more than once (due to exclusive plus pari passu charge) Market Value for Assets charged on Exclusive basis Debt for which this certificate being issued Other Secured Debt Debt for which this certificate being issued Assets shared by pari passu debt holder (includes debt for which this certificate is issued & other debt with pari- passu charge) Other assets on which there is pari- Passu charge (excluding items covered in column F)
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SBFC Finance Limited Registered Office: Unit No. 103, 1st Floor, C&B Square, Sangam Complex, Andheri Kurla Road, Village Chakala, Andheri (East) Mumbai - 400 059 T. : +91-22-67875300 • F : +91-22-67875334 • www.SBFC.com • Email: complianceofficer@sbfc.com CIN No : L67190MH2008PLC178270 24th October, 2026 To, National Stock Exchange of India Limited, Exchange Plaza, Plot No. C/1, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai – 400051. NSE Symbol: SBFC To, BSE Limited, Phiroze Jeejeebhoy Towers, 21st Floor, Dalal Street, Mumbai – 400001. BSE Scrip Code: 731615 Sub: Disclosure under Regulation 52(7) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to Regulation 52(7) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, enclosed herewith the statement indicating the utilization of the issue proceeds of Non -Convertible Debentures as on 30th September, 2026. There has been no deviation in the use of proceeds of NCDs issued during the quarter ended 30th September, 2026. We request you to take this on record. Thanking you, Yours faithfully, For SBFC Finance Limited Namrata Sajnani Company Secretary & Chief Compliance Officer Encl: as above
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SBFC Finance Limited Registered Office: Unit No. 103, 1st Floor, C&B Square, Sangam Complex, Andheri Kurla Road, Village Chakala, Andheri (East) Mumbai - 400 059 T. : +91-22-67875300 • F : +91-22-67875334 • www.SBFC.com • Email: complianceofficer@sbfc.com CIN No : L67190MH2008PLC178270 Annexure 1 A. Statement of utilization of issue proceeds for Non-Convertible Debentures as on September 30, 2026 Name of the Issuer ISIN Mode of fund raising (Public issues/ Private placement) Type of Instrument Date of raising funds Amount Raise d (in crore) Funds utilized (in crore) Any deviation (Yes/ No) If 8 is Yes, then specify the purpose of for which the funds were utilized Remarks, if any 1 2 3 4 5 6 7 8 9 10 SBFC Finance Limited INE423Y07146 Private Placement Non- Convertible Debentures 18- September- 2026 100.00 0.00 No NA The funds raised by the Company through the issuance of Non- Convertible Debentures on a private placement basis remained unutilised as at September 30, 2026. B. Statement of deviation/ variation in use of Issue proceeds: No deviation/variation is use of issue proceeds. - NIL Particulars Remarks Name of listed entity SBFC Finance Limited Mode of fund raising Private Placement Type of instrument Non-Convertible Debentures Date of raising funds As per column 5 of table A above Amount raised As per column 6 of table A above (Aggregating to Rs. 100 Cr.) Report filed for quarter ended 30th September, 2026 Is there a deviation/ variation in use of funds raised? No Whether any approval is required to vary the objects of the issue stated in the prospectus/ offer document? No If yes, details of the approval so required? NA Date of approval NA Explanation for the deviation/ variation NA
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SBFC Finance Limited Registered Office: Unit No. 103, 1st Floor, C&B Square, Sangam Complex, Andheri Kurla Road, Village Chakala, Andheri (East) Mumbai - 400 059 T. : +91-22-67875300 • F : +91-22-67875334 • www.SBFC.com • Email: complianceofficer@sbfc.com CIN No : L67190MH2008PLC178270 Comments of the audit committee after review NA Comments of the auditors, if any NA Objects for which funds have been raised and where there has been a deviation/ variation, in the following table: Original Object Modified Object, if any Original Allocation Modified Allocation, if any Funds Utilized Amount of deviation/varia tion for the quarter according to applicable object (in Rs. Crore and in %) Remarks, if any The funds raised by the Issue shall be utilized for on-lending in compliance with applicable law including the NBFC Master Directions. No INR 100 Cr NA 0 0 The funds raised by the Company through the issuance of Non- Convertible Debentures on a private placement basis remained unutilised as at September 30, 2026. Deviation could mean: a. Deviation in the objects or purposes for which the funds have been raised. b. Deviation in the amount of funds actually utilized as against what was originally disclosed. c. Change in terms of a contract referred to in the fund raising document i.e. prospectus, letter of offer, etc For SBFC Finance Limited Sanket Agrawal Chief Financial Officer Date: October 24, 2026
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SBFC Finance Limited Registered Office: Unit No. 103, 1st Floor, C&B Square, Sangam Complex, Andheri Kurla Road, Village Chakala, Andheri (East) Mumbai - 400 059 T. : +91-22-67875300 • F : +91-22-67875334 • www.SBFC.com • Email: complianceofficer@sbfc.com CIN No : L67190MH2008PLC178270 24th October, 2026 To, BSE Limited, Phiroze Jeejeebhoy Towers, 21st Floor, Dalal Street, Mumbai – 400001. BSE Scrip Code: 731615 Sub: Certificate from Chief Financial Officer as per Chapter XVII of SEBI Master Circular No. SEBI/HO/DDHS/ DDHS-PoD/P/CIR/2025/0000000137 dated October 15, 2025 Ref: INE423Y14019 Dear Sir/Madam, In accordance with SEBI (Issue and Listing of Non -Convertible Securities) Regulations, 2021 and SEBI Master Circular No. SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/0000000137 dated October 15, 2025, it is hereby confirmed that during the quarter ended September 30, 2026, the proceeds of the Commercial Papers issued by the Company and listed on BSE Limited were used for the purposes disclosed in the disclosure documents and in adherence to other listing conditions as specified in the said chapter. It is further confirmed that the Company duly paid the maturity proceeds of the Commercial Papers on September 24, 2026, and intimated BSE Limited of the said payment on the same date. Thanking you, Yours faithfully, For SBFC Finance Limited Sanket Agrawal Chief Financial Officer
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SBFC Finance Limited Registered Office: Unit No. 103, 1st Floor, C&B Square, Sangam Complex, Andheri Kurla Road, Village Chakala, Andheri (East) Mumbai - 400 059 T. : +91-22-67875300 • F : +91-22-67875334 • www.SBFC.com • Email: complianceofficer@sbfc.com CIN No : L67190MH2008PLC178270 24th October, 2026 National Stock Exchange of India Limited, Exchange Plaza, Plot No. C/1, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai – 400051. NSE Symbol: SBFC BSE Limited, Phiroze Jeejeebhoy Towers, 21st Floor, Dalal Street, Mumbai – 400001. BSE Scrip Code: 543959 Sub: Disclosure of Related Party Transactions for the half year ended 3 0th September, 202 6 under Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 (“SEBI Listing Regulations”) Dear Sir/Madam, Pursuant to Regulation 23(9) of the SEBI Listing Regulations, please find enclosed herewith the disclosure on Related Party Transactions of the Company for the half year ended 30th September, 2026. We request you to take this on record. Thanking you, Yours faithfully, For SBFC Finance Limited Namrata Sajnani Company Secretary & Chief Compliance Officer Encl: as above
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Related party transactions for half year ended September 30, 2026 Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance (INR in Million) Closing balance (INR in Million) Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporat e deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage) 1 SBFC Finance LimitedXXXXXXXXXXMr. Neeraj Swaroop XXXXXXXXXXIndependent Directors Director Sitting Fees Not applicable 1.30 - - - - - - - - - - - 2 SBFC Finance LimitedXXXXXXXXXXMs. Surekha MarandiXXXXXXXXXXIndependent Directors Director Sitting Fees Not applicable 1.20 - - - - - - - - - - - 3 SBFC Finance LimitedXXXXXXXXXXMr. Ravi VenkatramanXXXXXXXXXXIndependent Directors Director Sitting Fees Not applicable 1.10 - - - - - - - - - - - 4 SBFC Finance LimitedXXXXXXXXXXMr. Uttam Koni NayakXXXXXXXXXXIndependent Directors Director Sitting Fees Not applicable 1.00 - - - - - - - - - - - 5 SBFC Finance Limited XXXXXXXXXX Mr. Aseem Dhru XXXXXXXXXX Key Management PersonnelRemuneration1,2 Not applicable 19.40 - - - - - - - - - - - 6 SBFC Finance Limited XXXXXXXXXX Mr. Mahesh Dayani XXXXXXXXXX Key Management PersonnelRemuneration1,2 Not applicable 19.00 - - - - - - - - - - - 7 SBFC Finance Limited XXXXXXXXXX Mr. Narayan Barasia XXXXXXXXXX Key Management PersonnelRemuneration1,2 Not applicable 12.05 - - - - - - - - - - - 8 SBFC Finance Limited XXXXXXXXXX Mr. Sanket Agrawal XXXXXXXXXX Key Management PersonnelRemuneration1,2 Not applicable 3.52 9 SBFC Finance Limited XXXXXXXXXX Ms. Namrata Sajnani XXXXXXXXXX Key Management PersonnelRemuneration1,2 Not applicable 2.63 - - - - - - - - - - - 10 SBFC Finance Limited XXXXXXXXXX Mr. Aseem Dhru XXXXXXXXXX Key Management Personnel Share-based compensation expense allocable to key management personnel Not applicable 16.26 - - - - - - - - - - - 11 SBFC Finance Limited XXXXXXXXXX Mr. Mahesh Dayani XXXXXXXXXX Key Management Personnel Share-based compensation expense allocable to key management personnel Not applicable 11.65 - - - - - - - - - - - 12 SBFC Finance Limited XXXXXXXXXX Mr. Narayan Barasia XXXXXXXXXX Key Management Personnel Share-based compensation expense allocable to key management personnel Not applicable 5.48 - - - - - - - - - - - There is a reversal of cumulative share-based payment expense in Q2FY27 amounting to ₹ 4.54 million recognized in earlier periods, credited to the Statement of Profit and Loss during the period due to the forfeiture of unvested ESOPs upon cessation of employment as Chief Financial Officer on 15th July 2026 13 SBFC Finance Limited XXXXXXXXXX Mr. Sanket Agrawal XXXXXXXXXX Key Management Personnel Share-based compensation expense allocable to key management personnel Not applicable 4.39 14 SBFC Finance Limited XXXXXXXXXX Ms. Namrata Sajnani XXXXXXXXXX Key Management Personnel Share-based compensation expense allocable to key management personnel Not applicable 1.04 - - - - - - - - - - - 15 SBFC Finance Limited XXXXXXXXXX Mr. Aseem Dhru XXXXXXXXXX Key Management Personnel Share Application money pending allotment Not applicable 101.75 16 SBFC Finance Limited XXXXXXXXXX Mr. Mahesh Dayani XXXXXXXXXX Key Management Personnel Share Application money pending allotment Not applicable 52.94 17 SBFC Finance Limited XXXXXXXXXX Mr. Mahesh Dayani XXXXXXXXXX Key Management PersonnelIssue of Equity Share Capital Not applicable 36.44 18 SBFC Finance Limited XXXXXXXXXX Mr. Narayan Barasia XXXXXXXXXX Key Management PersonnelIssue of Equity Share Capital Not applicable 27.50 - - - - - - - - - - - 19 SBFC Finance Limited XXXXXXXXXX Mr. Sanket Agrawal XXXXXXXXXX Key Management PersonnelIssue of Equity Share Capital Not applicable 4.76 20 SBFC Finance Limited XXXXXXXXXX Trustee of Employee welfare Trust XXXXXXXXXX Controlled Employee Welfare trust Loan Not applicable - 10.77 10.77 - - - - - - - - - 21 SBFC Finance Limited XXXXXXXXXX SBFC FINANCE LIMITED EMPLOYEES GGCA SCHEME XXXXXXXXXX Post-employment benefit plan Contribution to Employee Gratuity fund Not applicable 18.36 - - - - - - - - - - - Notes: 1. Share-based compensation expense allocable to key management personnel has not been included in the remuneration disclosed above. 2. Remuneration does not include annual performance pay, NPS, child education allowance, Driver's salary and Fuel Reimbursement as per the terms of remuneration and ESOP perquisite. In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken. Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period (INR in Million) Sr No. Details of the party (listed entity /subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Value of the related party transaction as approved by the audit committee (INR in Million)