Laxmi India Finance Ltd Approves Allotment of 50,000 Listed, Rated, Senior, Secured, Transferable, Redeemable, Non-Convertible Debentures

Laxmi India Finance Ltd has approved the allotment of 50,000 Listed, Rated, Senior, Secured, Transferable, Redeemable, Non-Convertible Debentures ('NCDs') having a face value of Rs. 10,000/- each and an aggregate nominal value of Rs. 50,00,00,000/-. The NCDs are proposed to be listed on the Whole Sale Debt segment of BSE Limited and will have a tenure of 36 months from the date of allotment (February 24, 2026) to the date of maturity (February 24, 2029). The NCDs will offer a coupon/interest of 10.50% per annum payable monthly.