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SG Finserve Limited Announces Record Loan Book Growth for October 2024 We're thrilled to share significant milestones achieved by SG Finserve Limited (formerly Moongipa Securities Limited) as of October 31, 2024. Our outstanding loans and advances have surged by 60%, reaching an impressive INR 1,311 crores, an addition of INR 489 crores over the previous month. This growth reflects our commitment to delivering impactful financing solutions across industries. Highlights include: - Robust Capitalization: Added INR 112 crores in equity, bringing our Net Owned Funds to INR 975 crores. - Enhanced Credit Rating: Re-accredited with a AA rating (Positive Outlook) by CRISIL Ratings. - Strengthened Governance: Welcoming two seasoned leaders, Shri G Jaganmohan Rao and Shri Sekhar Srinivasan Mosur, to our Board of Directors, enriching our expertise and strategic direction. At SG Finserve, we’re dedicated to powering business growth and ensuring sustainable success. Stay tuned as we continue to scale new heights in financial excellence! 🚀 Sorabh Dhawan Sahil Sikka Renu Rai Ritu Nagpal Ankush Aggarwal PRATEEK SOMANI Sanjay Rajput Piyush Kumar #BusinessGrowth #FinancialSolutions #SGFinserve #BoardUpdate #Finance