Board Meeting12 Oct 2026, 01:00 pm
Pace Digitek Approves ₹250 Cr NCD Issue
AI Summary
Pace Digitek Ltd announced that its Board of Directors has approved the issuance of up to 2,50,000 listed, rated, secured, redeemable non-convertible debentures (NCDs). The face value of each NCD is up to INR 10,000, aggregating to a total of INR 250,00,00,000 (INR 250 Crore). The issuance will be through private placement to eligible investors and will be listed on the Wholesale Debt Market Segment of BSE Limited. Specific details regarding allotment, maturity, coupon, security, and redemption will be provided at the time of allotment.
Key Highlights
- Board approved issuance of NCDs worth up to ₹250 Crore.
- Debentures are listed, rated, secured, and redeemable.
- Issuance will be via private placement to eligible investors.
- NCDs will be listed on BSE's Wholesale Debt Market.
- Detailed terms to be provided at allotment.
Price Impact
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