BSEApollo Finvest India LtdMediumPositive
Announced Fri, 13 Jun · 18:13 IST

We regret to inform you that inadvertently the Digital Signature Certificate on our previous filing did not reflect correctly. So we are resubmitting the intimation for your records.

Debt RestructuredCredit & Debt View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Apollo Finvest India Ltd has informed BSE that the interest rate on its ₹15 crore Unlisted Non-Convertible Debentures (NCDs), issued on a private placement basis, has been revised downward from 10.5% to 10%, effective June 13, 2025. The change has been approved with the consent of the debenture holders. The filing is a resubmission of an earlier intimation because the digital signature on the previous version did not reflect correctly.

Likely market impact

The lower interest rate reduces the company's annual interest outflow on its NCD borrowings, which is mildly positive for profitability. For shareholders, this signals manageable debt costs and cooperative debenture holders, but the overall impact is limited given the relatively small ₹15 crore size of the NCD issue.