
Loan & Debt25 Jul 2026, 12:30 pm
Supra Pacific Approves ₹10 Cr NCD Issue
AI Summary
Supra Pacific Financial Services Ltd's Board of Directors met on July 25, 2026, and approved the issuance of secured, unrated, unlisted Non-Convertible Debentures (NCDs) via private placement. The total issue size is ₹10,00,00,000 (₹10 crore), with a maximum subscription of less than ₹1 crore per investor. The NCDs will have tenures of 13, 24, 36, 60, and 70 months, with varying interest rates from 11.00% to 12.60% depending on tenure and investor category (general, women, senior citizens). Security is created on the company's current assets. The board also reviewed business operations and prospects.
Key Highlights
- Board approved issuance of ₹10 crore NCDs.
- NCDs to be secured, unrated, and unlisted.
- Tenures range from 13 to 70 months.
- Interest rates vary from 11.00% to 12.60%.
- Security created on company's current assets.
Price Impact
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