Loan & Debt13 Nov 2026, 05:13 pm
Master Trust Subsidiary Raises ₹75 Cr via Non-Convertible Debentures
AI Summary
Master Trust Ltd's wholly-owned subsidiary, Master Capital Services Limited, has successfully raised ₹75 crores by issuing 75,000 Non-Convertible Debentures (NCDs). The NCDs carry a coupon rate of 10.50% and mature on May 12, 2028. This fundraising activity was approved by the subsidiary's Legal, Banking and Finance Committee on November 12, 2026. The debentures are described as secured, listed, rated, and redeemable.
Key Highlights
- Subsidiary Master Capital Services Limited raised ₹75 crores.
- Funds raised through 75,000 Non-Convertible Debentures.
- NCDs have a 10.50% coupon rate and mature in May 2028.
- Debentures are secured, listed, rated, and redeemable.
Price Impact
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