StockWatch
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Hotels & Resorts
Board Meeting11 Aug 2026, 02:31 pm

Emerald Leisures Board Approves ₹100 Cr NCD Issuance

AI Summary

Emerald Leisures Ltd announced that its Board of Directors, in a meeting held today, has approved the issuance of Non-Convertible Debentures (NCDs) aggregating up to ₹100 crore. The NCDs will be issued in one or more tranches, with the first tranche of ₹65 crore fully allotted. This move is in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board meeting commenced at 2:00 PM and concluded at 2:20 PM.

Key Highlights

  • Board approved issuance of NCDs worth up to ₹100 crore.
  • First tranche of ₹65 crore NCDs has been fully allotted.
  • Issuance is in compliance with SEBI LODR Regulations, 2015.
  • Board meeting held on August 11, 2023.
  • NCDs are secured and redeemable.