NSE Compliance Disclosures
- Credit Rating: SBI Factors continues to enjoy dual Credit rating of CRISIL AAA and [ICRA] AAA from CRISIL and ICRA respectively for its Long term debentures.
- Debt-Equity Ratio: Debt (Short Term Borrowing + Long Term borrowing); Equity (Paid-up Equity Capital + Free reserves + Securities premium) Ratio: SBI Factors Debt-Equity ratio as on March 31, 2023 is 2.78.
The above mentioned series matured on 29.07.2021. The Principal amount +Interest for the said series was due on 29th July, 2021 and the same was duly paid on the due date itself.
The Company has issued Fresh Unsecured Subordinated Redeemable Non-Convertible Debentures of Face Value of Rs. 1 crore each ('Debentures') at par, aggregating to issue size of Rs. 100 crores, on July 28, 2021 for a tenor of 10 years.
| Issue Series | Due Date/ Payment Date | |
|---|---|---|
| Next Interest Payment Due | SBI Factors-10 | 28-July-2023 |
| Last Interest Payment Made | SBI Factors-10 | 28-July-2022 |
Independent Directors were facilitated with the overview of Ltd. (SBI Factors) by the way of presentation from SBI Factors officials. The details of Familiarisation Programs are shown as below.
| Name of Directors | Designation | Date of Familiarization Program | Program Hours | Date of Cessation |
|---|---|---|---|---|
| Shri Vijay K. Gupta | Independent Director | 05/03/2019 | 1 | 04th March, 2024 |
| Shri Narayanan Raja | Independent Director | 29/03/2016 | 1 | 28th March, 2024 |
| Smt. Sudha Malhotra | Independent Director | 29/04/2021 | 1 | - |
| Shri Ashwini Mehra | Independent Director | 08/05/2024 | 4 | - |
| Shri Ravindra Pandey | Nominee Director | 08/05/2024 | 4 | - |
Intimation under Regulation 50(2) - Notice of 23rd Annual General Meeting and submission of Annual Report
Outcome of Board Meeting held on 02nd September, 2024
Change in Chief Financial Officer
Appointment of Shri. Ravindra Pandey as an Additional Director (Nominee Director of SBI)