Arihant Foundations & Housing Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 19/02/2026 ,inter alia, to consider and approve The proposal ....
ARIHANT · price
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Arihant Foundations & Housing Limited has informed BSE that its Board of Directors will meet on 19th February 2026 to consider and approve a proposal for issuing Unlisted, Unsecured, Redeemable, Non-Convertible Debentures (NCDs) on a private placement basis. The issuance is subject to regulatory and statutory approvals. The company also plans to seek shareholder approval for this fund-raising proposal through a Postal Ballot and/or an Extraordinary General Meeting (EGM). No specific details on the size, number, or coupon rate of the NCDs have been disclosed in this intimation. The outcome of the board meeting will be communicated to the stock exchange within prescribed timelines.
This is a debt-raising move through privately placed NCDs, which could expand the company's borrowing but also increase its debt obligations. Since the NCDs are unlisted and unsecured, existing shareholders should watch for further disclosures on issue size, coupon rate, and end use of funds, as these will determine the actual impact on the company's financials and shareholder risk.