Investment19 Feb 2026, 08:41 pm
Arihant Foundations & Housing Ltd. Approves Issuance of Non-Convertible Debentures Worth Up to INR 180 Crores
AI Summary
Arihant Foundations & Housing Ltd. announced that their Board of Directors approved the issuance of Non-Convertible Debentures (NCDs) at a private placement, amounting to a total issue size of up to INR 180 Crores. The NCDs will be unlisted, unsecured, and redeemable. The decision was made during a meeting held on 19th February 2026, which commenced at 06.00 PM and concluded at 06.30 PM.
Key Highlights
- Arihant Foundations & Housing Ltd. to issue Non-Convertible Debentures (NCDs) worth up to INR 180 Crores.
- The NCDs will be unlisted, unsecured, and redeemable.
- The issuance is on a private placement basis and will be in one or more tranches.
- The decision was approved during a Board of Directors meeting on 19th February 2026.
- The NCDs will be subject to statutory and regulatory approvals.