18-Jun-2026 17:39:55
SHARE INDIA SECURITIES : APPROVES NCD ISSUANCE WORTH UP TO RS 500 CR
• Finance committee approved issuance of up to 50,000 secured, rated, senior, listed, taxable, transferable, redeemable Non-Convertible Debentures (NCDs) of face value ₹10,000/- each. • Aggregate value of the issuance is up to ₹50,00,00,000/- on a private placement basis. • The NCDs are proposed to be listed on the wholesale debt market (WDM) segment of the BSE Limited. • Tenure of the instrument is up to 15 months from the Deemed Date of Allotment. • Coupon/interest offered is 10.50% per annum, payable monthly. Principal is payable lump sum at maturity. • Security created is pari-passu charge by way of hypothecation over entire current assets and receivables, along with personal guarantee of promoters.
Share India Securities Limited
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