08-Jul-2026 13:17:05
SHAREINDIAGeneral news
SHARE INDIA SECURITIES LIMITED : ALLOTS NON-CONVERTIBLE DEBENTURES WORTH RS 500 CR
• The Finance Committee of the Board of Directors has approved the allotment of 50,000 listed, secured, rated, senior, taxable, transferable, redeemable Non-Convertible Debentures (NCDs) on a private placement basis. • Each NCD has a face value of ₹10,000/-, aggregating to ₹50,00,00,000/- (₹500 Cr). • The NCDs are proposed to be listed on the WDM segment of BSE Limited. • The tenure of the instrument is 459 days from the Date of Allotment, i.e., July 8, 2026, with a coupon rate of 10.50% per annum. • Security created is a pari-passu charge by way of hypothecation over entire current assets and receivables, with a minimum cover of 1.35 times the outstanding amounts.
Share India Securities Limited
Open attachment