Anupam Rasayan Approves ₹160 Cr NCD Issue via Private Placement

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 on a private placement basis. These NCDs will be INR denominated, secured, rated, unlisted, and redeemable. The issuance aims to raise funds for repayment of existing debt facilities, investment in group companies, or general corporate purposes. The NCDs will be secured by a first-ranking exclusive pledge over certain identified shares, a charge over an escrow account with Axis Bank, a demand promissory note, and letters of continuity. The Board meeting where this was approved was held on September 19, 2026.