Loan & Debt31 Jul 2026, 03:09 pm
Share India Securities Approves ₹150 Cr NCD Allotment
AI Summary
Share India Securities Ltd's Finance Committee has approved the allotment of 1,50,000 secured, rated, listed NCDs worth ₹150 Crores on a private placement basis. Additionally, the committee approved convening a meeting of NCD holders on August 25, 2026, to seek approval for the early redemption of NCDs bearing ISIN: INE932X07023 and INE932X07015, prior to their scheduled maturity. This action is in continuation of previous disclosures regarding NCD issuance and early redemption proposals.
Key Highlights
- Approved allotment of 1,50,000 NCDs aggregating ₹150 Crores.
- NCDs are secured, rated, listed, taxable, redeemable, and transferable.
- Convening NCD holders' meeting for early redemption approval.
- Meeting to be held on August 25, 2026, via VC/OAVM.
- Allotment done on a private placement basis.
Price Impact
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