Loan & Debt21 Jul 2026, 06:30 pm
Aye Finance Revises Debt Issuance to ₹220 Cr
AI Summary
Aye Finance Ltd has issued a corrigendum to its prior intimation regarding a meeting of the Working Committee of the Asset and Liabilities Committee of the Board of Directors. The meeting, scheduled for July 23, 2026, will consider and approve the offer and issuance of Rated, Senior, Listed, Secured, Transferable, Redeemable, Non-Convertible Debentures. The total amount to be raised has been revised upwards from INR 200 Crores to INR 220 Crores, including a green shoe option of up to INR 20 Crores, to be raised on a private placement basis. All other details remain unchanged.
Key Highlights
- Aye Finance revises debt issuance amount upwards.
- Total fundraising target increased to ₹220 Crores.
- Debentures to be issued on a private placement basis.
- Green shoe option remains at ₹20 Crores.
- Board committee meeting to approve the issuance.
Price Impact
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