Loan & Debt5 Nov 2026, 07:26 pm
Interise Trust: No Deviation in Debt Securities Utilization for Q2 FY27
AI Summary
Interise Trust has submitted a statement to the exchange regarding the utilization of proceeds from its Non-Convertible Debentures (NCDs) for the quarter ended September 30, 2026. The filing confirms that there has been no material deviation in the utilization of funds raised through Series I (INR 500.00 Crores), Series II (INR 737.00 Crores), and Series III (INR 500.00 Crores) NCDs, which were issued via private placement on September 29, 2026. The company has adhered to the objects stated in the offer document, and no approval is required to vary these objects.
Key Highlights
- No material deviation in NCD proceeds utilization for Q2 FY27.
- Funds raised via private placement of NCDs on September 29, 2026.
- Total raised: INR 1,737.00 Crores across three series.
- Company confirms adherence to offer document's stated objects.
- No approval needed for variation in issue objects.
Price Impact
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