StockWatch
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Non Banking Financial Company (NBFC)
Board Meeting7 Oct 2026, 04:50 pm

Shalibhadra Finance Board to Consider NCD Issuance

AI Summary

Shalibhadra Finance Ltd has announced that its Board of Directors will convene on October 13, 2026, to consider and approve the issuance of Non-Convertible Debentures (NCDs) on a private placement basis. This move, in accordance with SEBI regulations, indicates the company's strategy to raise capital through debt instruments. The specifics of the NCD issuance, including the amount and terms, are expected to be detailed following the board's approval.

Key Highlights

  • Board meeting scheduled for October 13, 2026.
  • To consider and approve issuance of Non-Convertible Debentures.
  • Issuance will be on a private placement basis.
  • Aims to raise capital through debt financing.