StockWatch
·
Loan & Debt26 Jun 2026, 11:44 am

Aye Finance Allots ₹140 Cr Non-Convertible Debentures

AI Summary

Aye Finance Limited has approved the allotment of 14,000 Non-Convertible Debentures (NCDs) with a face value of INR 1,00,000 each, aggregating to a nominal value of INR 140 crores. The NCDs have been allotted on a private placement basis to Nederlandse Financierings- Maatschappij voor Ontwikkelingslanden N.V. (FMO). This move, approved by the Securities Allotment Committee of the Board of Directors via Resolution by Circulation on June 25, 2026, is in accordance with SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Key Highlights

  • Aye Finance allotted ₹140 crore in Non-Convertible Debentures.
  • The allotment was made on a private placement basis.
  • Nederlandse Financierings- Maatschappij voor Ontwikkelingslanden N.V. (FMO) is the allottee.
  • The company complied with SEBI Listing Regulations for the issuance.