Investment24 Feb 2026, 03:06 pm
Angel One Ltd. Approves Allotment of 5,000 Non-Convertible Debentures worth INR 50 Crore
AI Summary
Angel One Ltd. announced the allotment of 5,000 Non-Convertible Debentures (NCDs) worth INR 50 Crore. The NCDs, having a face value of INR 1,00,000 each, will be listed on the Wholesale Debt Market Segment of the National Stock Exchange of India Limited (NSE). The tenure of the instrument is 18 months, with the first coupon to be paid on August 25, 2026, and the principal to be redeemed on August 25, 2027. The company has created a first pari-passu charge by way of hypothecation over all present and future trade receivables and loans in the form of margin trading facilities of the Company.
Key Highlights
- Angel One Ltd. allotted 5,000 Non-Convertible Debentures (NCDs) worth INR 50 Crore.
- The NCDs are proposed to be listed on the Wholesale Debt Market Segment of the National Stock Exchange of India Limited (NSE).
- The tenure of the instrument is 18 months.
- The first coupon will be paid on August 25, 2026, and the principal will be redeemed on August 25, 2027.
- A first pari-passu charge by way of hypothecation has been created over the company's assets.