Dishman Carbogen Amcis Approves ₹75 Cr NCD Issuance

Dishman Carbogen Amcis Limited's Board of Directors has approved the issuance of up to 7,500 Senior, Secured, Rated, Listed, Transferable, Redeemable, Taxable Non-Convertible Debentures (NCDs) with a face value of ₹1,00,000 each, aggregating up to ₹75 Crores. The NCDs will be issued on a private placement basis and are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited. The tenure of the instrument is 18 months from the date of allotment, with a coupon rate of 10.00% per annum, payable quarterly. The principal will be paid on maturity via a bullet payment. The issuance is secured by a first-ranking charge on land owned by Dishman Infrastructure Limited and an unconditional corporate guarantee from the same entity.