MANBA FINANCE LTD. REVIEWS RATING OF INSTRUMENTS

CareEdge Ratings has assigned and upgraded the credit rating to 'A-; Stable' from 'BBB+ (Positive)' for Manba Finance Limited's instrument(s). • Long-term bank facilities: RBI rated CARE A-; Stable, upgraded from CARE BBB+; Positive • Non-convertible debentures: SEBI rated CARE A-; Stable, upgraded from CARE BBB+; Positive • Several Non-convertible debentures have been withdrawn.

Manba Finance Limited

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