Loan & Debt24 Aug 2026, 10:58 am
Gabriel India Ltd to Raise ₹1000 Cr via Non-Convertible Debentures
AI Summary
Gabriel India Limited's board of directors has approved raising up to ₹1000 crore through the issuance of senior, unsecured, rated, listed, redeemable, non-convertible debentures on a private placement basis. The board also approved the constitution of a Finance Committee to oversee the issuance. The meeting took place on August 24, 2026, commencing at 10:00 am IST and concluding at 10:42 am IST. The debentures will be listed on BSE Limited. Further details regarding tenure, coupon rate, and payment schedules will be specified in the key information document.
Key Highlights
- Gabriel India plans to raise ₹1000 crore via NCDs.
- Funds will be raised through private placement.
- Debentures will be listed on BSE Limited.
- A Finance Committee has been formed for oversight.
- The issuance is approved by the board of directors.
Price Impact
More from GABRIEL