Investment5 Mar 2026, 03:37 pm
Master Trust Ltd's Subsidiary, Master Capital Services Limited, Approves Rs. 30 Crores NCDs Issue
AI Summary
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors of Master Capital Services Limited, a wholly owned subsidiary of Master Trust Ltd, has approved the raising of funds through issue of Non-Convertible Debentures (NCDs) for an amount up to Rs. 30,00,00,000/- (Rupees Thirty Crores only) on Private Placement basis. The details of the proposed issuance will be intimated in due course.
Key Highlights
- Master Trust Ltd's subsidiary, Master Capital Services Limited, approved the issuance of Non-Convertible Debentures (NCDs) for an amount up to Rs. 30,00,00,000/-
- The NCDs will be issued on Private Placement basis
- The decision was made at the Board of Directors' Meeting held on 05-03-2026
- The funds raised will be used for general corporate purposes
- The details of the proposed issuance will be shared as and when finalized