Quarterly Updates20 Mar 2026, 02:34 pm
Real Touch Finance Ltd. Approves Issuance of NCDs & Write-off of ₹3.48 Crore Receivable
AI Summary
Real Touch Finance Ltd. announced the outcomes of its board meeting held on March 20, 2026. The board approved the issuance of unlisted, secured, 9.5% Redeemable Non-Convertible Debentures (NCDs) on a private placement basis. The company also approved the write-off of ₹3.48 crore (Rupees Three Crore Forty-Eight Lakhs only) outstanding receivable, which has been considered irrecoverable. This write-off represents approximately 12.05% of the company's total turnover of ₹28.89 crores.
Key Highlights
- Approval for issuance of unlisted, secured, 9.5% Redeemable Non-Convertible Debentures (NCDs) on a private placement basis.
- Write-off of ₹3.48 crore outstanding receivable due to irrecoverability.
- The write-off represents approximately 12.05% of the company's total turnover of ₹28.89 crores.
- The company will continue to pursue recovery efforts through legal or other appropriate channels where feasible.