Loan & Debt20 May 2026, 06:31 pm
Richfield Financial Allots Series V NCDs worth ₹1.46 Cr
AI Summary
Richfield Financial Services Ltd allotted 14,600 Secured Redeemable Non-Convertible Debentures (NCDs) on a private placement basis on May 20, 2026. The NCDs, issued at par value of ₹1000 each, aggregate to ₹1.46 Crore. These NCDs are secured by a first-ranking pari passu charge on the company's movable assets.
Key Highlights
- Richfield Financial allotted 14,600 NCDs on private placement.
- The NCDs are secured and redeemable.
- The issue size is ₹1.46 Crore, with each NCD valued at ₹1000.
- NCDs are secured by a first-ranking pari passu charge on movable assets.
Price Impact
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