Ashiana Housing Limited has informed the Exchange regarding Outcome of Board Meeting held on December 11, 2025 where the Board of Directors considered and gave consent to issue Unsecured, Redeemable, Non-Convertible Debentures of INR 50 Crores.
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Ashiana Housing Limited's Board of Directors, at a meeting held on December 11, 2025, approved the issuance of Unsecured, Redeemable, Non-Convertible Debentures (NCDs) aggregating to INR 50 Crores. These are non-convertible instruments, meaning they cannot be converted into equity shares. The filing does not disclose the coupon rate, tenure, or specific purpose of the fundraise. NCDs are a form of debt capital and will need to be repaid with interest at maturity.
This is a debt-raising move and does not dilute existing shareholders' equity. However, it will increase the company's overall debt burden and interest obligations, so investors should watch for further disclosures on coupon rate, repayment schedule, and end use of funds.