Arihant Foundations & Housing Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/09/2025 ,inter alia, to consider and approve raising funds ....
ARIHANT · price
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Arihant Foundations & Housing has informed BSE that its Board of Directors will meet on Tuesday, 16th September 2025. The key agenda item is to consider and approve a proposal for issuing Unlisted, Secured, Redeemable, Non-Convertible Debentures (NCDs) on a private placement basis. The NCDs will not be listed on stock exchanges and will be offered privately to select investors. Further details such as the issue size, coupon rate, and tenure will be disclosed after the Board meeting concludes. The intimation was signed by CEO Arun Abraham Rajan on 11th September 2025.
Since NCDs are debt instruments and not equity, existing shareholders will not face any dilution. However, the company will take on additional debt obligations, which will need to be serviced through regular interest payments. Investors should watch for the issue size and coupon rate post the Board meeting to assess the financial impact on the company.