Loan & Debt30 Jul 2026, 11:45 am
India Shelter Finance Allots ₹75 Cr NCDs
AI Summary
India Shelter Finance Corporation Ltd announced the allotment of Non-Convertible Debentures (NCDs) worth ₹75 crore. The NCDs are rated, listed, secured, transferable, redeemable, and bear a fixed interest of 8.10% per annum. The allotment was approved by the Asset Liability Management Committee on July 30, 2026, and the NCDs have a tenure of 60 months, maturing on July 30, 2031. The issuance was conducted on a private placement basis to identified investors and will be listed on the Bombay Stock Exchange (BSE).
Key Highlights
- Allotment of ₹75 crore in Non-Convertible Debentures.
- NCDs carry an 8.10% fixed interest rate.
- Maturity date set for July 30, 2031.
- Secured by first and exclusive hypothecation charge.
- Listed on the Bombay Stock Exchange (BSE).
Price Impact
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