Board Meeting4 May 2026, 05:51 pm
Supra Pacific to Issue ₹20 Cr NCDs; Appoints CEO
AI Summary
Supra Pacific Financial Services Ltd's board approved the issuance of secured, unrated, unlisted Non-convertible Debentures (NCDs) on a private placement basis, totaling ₹20 Cr. The NCDs have tenures of 24, 36, 60, and 70 months with interest rates ranging from 11.60% to 12.60% depending on the tenure and investor category. The board also appointed Mr. Manoj Ravi as the Chief Executive Officer of the company.
Key Highlights
- Supra Pacific to issue ₹20 Cr in secured, unrated, unlisted NCDs.
- NCD tenures range from 24 to 70 months with varying interest rates.
- Interest rates on NCDs range from 11.60% to 12.60% based on tenure.
- Maturity dates for NCDs align with the end of their respective tenures.
- Mr. Manoj Ravi appointed as Chief Executive Officer of Supra Pacific.