<h1>NBFC to merge with microlender in 1:1 share-swap to enter microfinance, expand reach and lower costs</h1> An NBFC announced a strategic merger with a microlender via a 1:1 share-swap, under which each shareholder of the microlender will receive one share of the NBFC. The scheme is conditional on regulatory, shareholder, creditor and National Company Law Tribunal approvals. The microlender reported AUM of Rs 390.23 crore, revenues of Rs 27.16 crore, 173 branches across six states and FY25 disbursements to over 43,000 customers. The transaction aims to provide the NBFC entry into microfinance, expand presence in underpenetrated regions, lower borrowing costs, increase capital access and enable broader product offerings and reduced customer interest rates.