OnMobile Global Approves Allotment of ₹65 Cr Non-Convertible Debentures

OnMobile Global Limited's Board of Directors has approved the allotment of Non-Convertible Debentures (NCDs) through a resolution passed by circulation. The company will issue 800 Series A secured, redeemable, unrated, and unlisted NCDs aggregating up to INR 40 Crores and 2500 secured, redeemable, unrated, and unlisted NCDs aggregating up to INR 25 Crores. The Series A Debentures have a tenure of 36 months from the allotment date of July 6, 2026, with a maturity date of July 5, 2029. The interest rate is 13.60% per annum, payable monthly, with an additional upfront payment of 1% of the investment amount. Security includes a first-ranking pari passu charge on current and future assets.