Investment26 Mar 2026, 09:11 pm
Sadbhav Engineering Ltd Allots Non-Convertible Debentures (NCD) Worth Rs. 7,13,25,00,000 to Existing Lenders
AI Summary
Sadbhav Engineering Ltd has allotted non-convertible debentures (NCD) worth Rs. 7,13,25,00,000 to their existing lenders in two tranches. The first tranche comprises of 36,376 NCD-I Debentures of face value of Rs. 1,00,000 each, and the second tranche comprises of 34,949 NCD-II Debentures of face value of Rs. 1,00,000 each. The debentures are being issued at par on a private placement basis and are to be held in dematerialized form.
Key Highlights
- Sadbhav Engineering Ltd has allotted non-convertible debentures (NCD) worth Rs. 7,13,25,00,000 to their existing lenders.
- The NCDs are issued in two tranches: NCD-I and NCD-II.
- Each tranche comprises of 36,376 and 34,949 unlisted, secured, taxable, redeemable and non-convertible debentures respectively.
- The face value of each debenture is Rs. 1,00,000 and the total amount for both tranches is Rs. 3,63,76,00,000 and Rs. 3,49,49,00,000 respectively.
- The debentures are being issued at par on a private placement basis and are to be held in dematerialized form.
Price Impact
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