Unifinz Capital Approves ₹50 Cr NCD Issue

Unifinz Capital India Ltd's Asset Liability Management Committee has approved the allotment of 50,000 listed, rated, senior, secured, taxable, transferable, redeemable, non-convertible debentures (NCDs) with a face value of ₹10,000 each, aggregating to ₹50 crore. These NCDs will be issued on a private placement basis and are proposed to be listed on the Wholesale Debt Market segment of BSE Limited. The NCDs have a tenure of 15 months, a coupon rate of 11% per annum payable monthly, and a maturity date of December 16, 2027. The principal will be repaid on maturity, and the NCDs are secured by a first-ranking charge on identified book debts/receivables.