Anupam Rasayan Approves ₹160 Cr NCD Issue

Anupam Rasayan India Ltd's Board of Directors has approved the issuance of up to 16,000 Non-Convertible Debentures (NCDs) aggregating to ₹160 crore. These INR-denominated, secured, rated, unlisted, and redeemable NCDs will be issued on a private placement basis at par. The proceeds are intended for repayment of existing debt, investment in group companies, or general corporate purposes. The issuance is secured by a first-ranking exclusive pledge over certain identified shares, a charge over an escrow account with Axis Bank, and other instruments. The board meeting was held on September 19, 2026.