Corporate Action9 Oct 2026, 05:34 pm
Puravankara Ltd Allots ₹25 Cr in Final Tranche of NCDs
AI Summary
Puravankara Ltd has completed its fundraising initiative by allotting the fourth and final tranche of Non-Convertible Securities (NCDs). The company approved the allotment of 250 unlisted, unrated, senior, secured, redeemable, non-convertible debentures, each with a face value of INR 10,00,000, aggregating to INR 25,00,00,000 (₹25 Crore). This allotment is part of the previously approved total fundraising of up to INR 300,00,00,000 (₹300 Crore) through private placement. The debentures have a maturity date of June 18, 2030.
Key Highlights
- Puravankara Ltd completes final tranche of NCD allotment.
- ₹25 Crore raised through 250 non-convertible debentures.
- Total fundraising target of ₹300 Crore achieved.
- Debentures mature on June 18, 2030.
- Allotment made via private placement to identified investors.
Price Impact
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