Board Meeting4 Jun 2026, 12:27 pm
Supra Pacific to Issue ₹5 Cr Unlisted NCDs
AI Summary
Supra Pacific Financial Services Ltd's Board of Directors approved the issuance of 50,000 secured, unrated, unlisted Non-Convertible Debentures (NCDs) with a face value of ₹1,000 each, aggregating to ₹5 crore. The NCDs will have a tenure of 2 years, with an interest rate of 11.60% payable monthly. The principal will be repaid at maturity. Security is created on the company's current assets. The board also reviewed business operations and prospects.
Key Highlights
- Board approved ₹5 crore NCD issuance.
- NCDs carry 11.60% annual interest, payable monthly.
- Tenure is 2 years with principal repayment at maturity.
- Security is created over current assets.
- Board reviewed business operations and prospects.
Price Impact
More from SUPRAP
More in Board Meeting