Loan & Debt1 Jul 2026, 05:00 pm
Salem Erode Investments Allots ₹92 Lakh in Unlisted Debentures
AI Summary
Salem Erode Investments Ltd announced the allotment of 9,200 Unlisted Secured Redeemable Non-Convertible Debentures, each with a face value of ₹1,000. The total aggregate amount raised through this private placement is ₹92,00,000 (Rupees Ninety-Two Lakhs Only). This move was approved by the Debenture and Bond Committee of the Board of Directors at a meeting held on July 01, 2026. The issuance is in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Company allotted 9,200 unlisted secured redeemable non-convertible debentures.
- Aggregate amount raised is ₹92,00,000 via private placement.
- Debenture and Bond Committee approved the allotment.
- Transaction is compliant with SEBI regulations.
Price Impact
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