Loan & Debt24 Sept 2026, 10:21 pm
Axiscades Technologies Allots ₹200 Cr Unrated NCDs
AI Summary
Axiscades Technologies Limited has approved the allotment of 20,000 Unrated Unlisted Secured Redeemable Non-Convertible Debentures (NCDs) on a private placement basis. The total issue size aggregates to ₹200,00,00,000 (Rupees Two Hundred Crores). Each debenture has a face value of ₹1,00,000. This move signifies a significant debt financing activity for the company, aimed at bolstering its financial resources.
Key Highlights
- Company allots ₹200 Cr in Non-Convertible Debentures.
- NCDs issued on a private placement basis.
- Debentures are unrated, unlisted, secured, and redeemable.
- This is a debt financing instrument for the company.
Price Impact
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