
Loan & Debt24 Sept 2026, 09:53 pm
Anupam Rasayan Executes Security Documents for INR 300 Cr Debenture Issue
AI Summary
Anupam Rasayan India Ltd has executed several security documents related to a proposed INR 300 crore debenture issue by its subsidiary, Mates Visa Consultancy Private Limited (MVCPL). These documents include a debenture trust deed, a pledge of equity shares in MVCPL and Purebliss Pharma Solutions Private Limited, and a corporate guarantee from Anupam Rasayan. The funds raised will be used by MVCPL for acquiring securities of Bliss GVS Pharma Limited, with remaining funds for the acquisition to be sourced from Purebliss. The debentures are senior, secured, unrated, unlisted, redeemable, and non-convertible, with a maximum tenor of 48 months.
Key Highlights
- Anupam Rasayan's subsidiary MVCPL to issue INR 300 Cr debentures.
- Funds to be used for acquiring Bliss GVS Pharma securities.
- Anupam Rasayan provides corporate guarantee and pledges shares.
- Debentures are secured, non-convertible, with a 48-month tenor.
Price Impact
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