Board Meeting6 Jun 2026, 01:00 pm
Supra Pacific Financial Services approves NCD issue of ₹20 Cr
AI Summary
Supra Pacific Financial Services Ltd's Board of Directors met on June 6, 2026, and approved the issuance of secured, unrated, unlisted Non-Convertible Debentures (NCDs) via private placement. The total issue size is ₹20,00,00,000 (₹20 Crores), 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
- Approved issuance of ₹20 Cr in Non-Convertible Debentures (NCDs).
- NCDs offered with tenures from 13 to 70 months.
- Interest rates range from 11.00% to 12.60%.
- Security to be created on company's current assets.
- Board also reviewed business operations and prospects.
Price Impact
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