
Loan & Debt25 Jun 2026, 03:25 pm
Pakka Ltd Allots ₹50 Cr Secured NCDs via Private Placement
AI Summary
Pakka Limited's Fund Raising Committee has approved the allotment of the second tranche of secured Non-Convertible Debentures (NCDs) on a private placement basis. The total issuance aggregates up to INR 50 Crores, comprising INR 30 Crores in junior series NCDs and INR 20 Crores in senior series NCDs. These are unlisted, unrated, and redeemable debentures with tenures extending up to May 2035 for the junior series and June 2033 for the senior series. This move is part of a larger INR 540 Crores issuance, with this tranche being the second. The allotment follows SEBI regulations and was approved in a board committee meeting held on June 25, 2026.
Key Highlights
- Pakka Ltd allots INR 50 Cr in secured NCDs.
- Issuance is via private placement, part of a larger INR 540 Cr plan.
- NCDs include junior and senior series with varying tenures.
- Debentures are unlisted, unrated, and redeemable.
- Allotment approved by the Fund Raising Committee.
Price Impact
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