Amanaya Ventures defers ₹3 Cr NCD issue via private placement

Amanaya Ventures Ltd's Board of Directors, at its meeting on September 22, 2026, approved the deferment of a proposed private placement issue of Secured, Redeemable, Unlisted, Non-Convertible Debentures (NCDs) aggregating up to ₹3,00,00,000/-. The deferment was necessitated by the non-receipt of consent from and non-appointment of a Debenture Trustee or Registered Valuer, which are mandatory for issuing the offer letter. The Board decided that no further steps would be taken on the issue for now. When the Board decides to revive the issue, the entire procedure will be restarted, though the Members' approval obtained at the 17th Annual General Meeting on August 28, 2026, remains valid. No offer letter has been issued, nor has any application money been received or allotment made.