Loan & Debt4 Jun 2026, 02:53 pm
Kings Infra Ventures Allots ₹49 Lakhs in NCDs
AI Summary
Kings Infra Ventures Ltd has announced the allotment of its Seventeenth tranche of Unlisted Secured Redeemable Non-Convertible Debentures (NCDs) on a private placement basis. The Debenture Committee approved the issuance of 4900 NCDs, each with a face value of Rs. 1,000, aggregating to a total of Rs. 49,00,000/-. This private placement aims to raise capital through debt instruments, strengthening the company's financial structure.
Key Highlights
- Allotted 4900 Secured Redeemable Non-Convertible Debentures.
- Total issuance value amounts to Rs. 49,00,000.
- Debentures are unlisted and secured.
- Issued on a private placement basis.
- Allotment date was June 4, 2026.
Price Impact
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