Loan & Debt29 Sept 2026, 07:20 pm
Repco Home to raise ₹1500 Cr via NCDs & ₹1000 Cr via CPs
AI Summary
Repco Home Finance Ltd's members, at their 26th Annual General Meeting held on September 29, 2026, approved a proposal to raise funds. The company will issue Non-Convertible Debentures (NCDs) aggregating to ₹1500 Crore and Commercial Paper (CP) aggregating to ₹1000 Crore. These funds will be raised through a private placement, in compliance with Section 42 and 71 of the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This disclosure was made pursuant to Regulation 30 and 51 of SEBI (LODR) Regulations, 2015.
Key Highlights
- Shareholders approved fund-raising at the 26th AGM.
- Company to issue NCDs worth ₹1500 Crore via private placement.
- Company to issue CPs worth ₹1000 Crore via private placement.
- The move aims to strengthen the company's financial position.
Price Impact
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