Non Banking Financial Company (NBFC)
Investment2 April 2026 at 10:19 am

Supra Pacific Financial Services Ltd. to Issue Unrated, Unlisted NCDs Worth ₹20 Cr on Private Placement Basis

AI Summary

Supra Pacific Financial Services Ltd. announced the outcome of its Board of Directors meeting held on April 2, 2026. The Board decided to issue secured, unrated, unlisted, Non-Convertible Debentures (NCDs) on a private placement basis, amounting to ₹20 Cr. The NCDs will have a tenure of 2 years, with interest rates of 11.60% for 2 years (monthly) and 11.75% for 2 years (yearly). The company also constituted a Debenture Committee to approve the allotment of debentures to investors and will shift its registered office to a new location in Mumbai for operational convenience and business expansion.

Key Highlights

  • Supra Pacific Financial Services Ltd. to issue NCDs worth ₹20 Cr
  • Interest rates of 11.60% for 2 years (monthly) and 11.75% for 2 years (yearly)
  • Tenure of 2 years for the NCDs
  • Constitution of a Debenture Committee to approve debenture allotments
  • Shift of registered office to a new location in Mumbai