06-Jul-2026 21:19:25
ONMOBILEGeneral news
ONMOBILE GLOBAL LIMITED : DISCLOSURE REGARDING ALLOTMENT OF NON-CONVERTIBLE DEBENTURES
• Board of Directors approved allotment of 800 series A, secured, redeemable, unrated, unlisted NCDs aggregating up to ₹40 Cr. • Allotment also includes 2500 secured, redeemable, unrated, unlisted, non-convertible debentures aggregating up to ₹25 Cr. • Series A Debentures have a nominal value of ₹5,00,000 each and tenure of 36 months. • Series A Debentures interest rate is 13.60% per annum, payable monthly. • Other NCDs have a tenure of 36 months, with an upfront interest payment of 1.25% and running coupon of 13.88% payable monthly. • Both series of NCDs are unlisted and secured.
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