Board Meeting15 Jul 2026, 06:10 pm
India Shelter Finance to Raise ₹100 Cr via NCDs on July 20
AI Summary
India Shelter Finance Corporation Ltd has announced that its Asset Liability Management Committee will meet on July 20, 2026. The primary agenda is to consider and approve the issuance of rated, listed, secured, transferable, redeemable, Non-Convertible Debentures (NCDs) denominated in INR. The total issue size is planned at ₹100 crore, comprising a base issue of ₹75 crore and a ₹25 crore green shoe option. This move aims to raise capital through private placement.
Key Highlights
- Board meeting scheduled for July 20, 2026.
- To consider issuance of Non-Convertible Debentures (NCDs).
- Total issue size of ₹100 crore planned.
- Includes a ₹25 crore green shoe option.
- Fundraising via private placement.
Price Impact
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