StockWatch
·
Non Banking Financial Company (NBFC)
Board Meeting17 Sept 2026, 06:50 pm

Raama Finance Board to Consider ₹5 Cr NCD Issuance on Sep 22

AI Summary

Raama Finance Ltd has announced a Board of Directors meeting scheduled for September 22, 2026. The primary agenda is to consider and approve the terms and conditions for the issuance of Unlisted, Unsecured, Redeemable, Non-Convertible Debentures (NCDs) aggregating up to ₹5 Crores on a private placement basis. The meeting will also address the allotment of these NCDs. This follows a prior shareholder approval for issuing NCDs up to ₹100 Crores.

Key Highlights

  • Board meeting scheduled for September 22, 2026.
  • To consider terms for NCD issuance up to ₹5 Crores.
  • Allotment of NCDs on private placement basis to be approved.
  • Follows prior shareholder approval for ₹100 Crores NCD issuance.