Loan & Debt29 May 2026, 03:56 pm
Anupam Finserv to Issue NCDs up to ₹20 Cr
AI Summary
Anupam Finserv Ltd's Board of Directors approved the issuance of secured, unlisted, unrated, redeemable, fully paid non-convertible debentures (NCDs) up to ₹20 Crores in one or more tranches on a private placement basis. The NCDs have a face value of ₹100,000 each, with tenures of 27 and 39 months from the date of allotment, and offer a fixed coupon rate of 12% per annum payable quarterly. A charge over the receivables of the company will be created in favor of the Debenture Trustee.
Key Highlights
- Anupam Finserv to issue secured NCDs up to ₹20 Cr via private placement.
- NCDs are unlisted, unrated, redeemable, and fully paid.
- Tenure of the NCDs is 27 or 39 months with a 12% fixed coupon.
- Coupon payments are scheduled quarterly.
- Charge over receivables created in favor of Debenture Trustee.
Price Impact
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