StockWatch
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Non Banking Financial Company (NBFC)
Loan & Debt7 Oct 2026, 06:00 pm

Apollo Finvest Revises NCD Interest Rate to 10%

AI Summary

Apollo Finvest India Ltd has announced a revision in the interest rate for its Unlisted Non-Convertible Debentures (NCDs). The interest rate will be increased from 9.75% to 10%, effective from October 7, 2026. This revision was approved following consent from the debenture holder(s) for the NCDs, which were issued on a private placement basis for an amount of ₹15 crore. The company has requested this change be taken on record.

Key Highlights

  • Interest rate on NCDs increased from 9.75% to 10%.
  • Revision effective from October 7, 2026.
  • NCDs issued for ₹15 crore via private placement.
  • Debenture holder consent obtained for the rate revision.