Board Meeting13 Nov 2026, 10:02 pm
Aye Finance to Consider ₹325 Cr Non-Convertible Debenture Issuance
AI Summary
Aye Finance Ltd has announced that its Board of Directors will convene on November 18, 2026, to consider and approve a proposal for the issuance of Non-Convertible Debentures (NCDs). The company plans to raise up to INR 325 Crores through this private placement, which includes a green shoe option of up to INR 75 Crores. This move is aimed at bolstering the company's capital base and funding its growth initiatives.
Key Highlights
- Board meeting scheduled for November 18, 2026.
- Proposal to issue Non-Convertible Debentures.
- Total issuance amount up to ₹325 Crores.
- Includes a green shoe option of up to ₹75 Crores.
- Issuance to be done on a private placement basis.
Price Impact
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