Loan & Debt7 Jul 2026, 12:27 pm
Kings Infra Ventures Allots ₹97.5 Lakhs in NCD Tranche
AI Summary
Kings Infra Ventures Ltd has announced the allotment of the eighteenth tranche of Unlisted Secured Redeemable Non-Convertible Debentures (NCDs) on a private placement basis. The Debenture Committee approved the issuance of 9,750 NCDs, each with a face value of ₹1,000, totaling ₹97,50,000. This private placement is in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and signifies a move to raise capital through debt instruments.
Key Highlights
- Allotted 9,750 Secured Redeemable NCDs.
- Total issuance value amounts to ₹97.5 Lakhs.
- Debentures are unlisted and secured.
- Issued via private placement on July 7, 2026.
- Represents a debt financing activity for the company.
Price Impact
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