Capital India Finance Limited has informed the Exchange regarding a press release dated July 28, 2025, titled "Press Release regarding Allotment of Non-Convertible Debentures on private placement basis".
CIFL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Capital India Finance Limited (CIFL), a middle-layer NBFC, has raised ₹50 crore through senior, secured, rated, listed, redeemable, taxable Non-Convertible Debentures (NCDs) on a private placement basis, listed on BSE. Key terms include a 3-year tenor with bullet repayment at maturity, a face value of ₹1 lakh per NCD, a minimum lot of 100 NCDs (₹1 crore), and a coupon rate of 9.55% per annum payable annually. Proceeds will be used for onward lending, refinancing existing debt, repaying financial indebtedness, and meeting working capital needs. The company stated this move is aimed at diversifying its funding sources and reducing reliance on traditional borrowings.
The NCD issuance strengthens CIFL's liability profile and provides fresh capital for lending growth, but it also adds ₹50 crore to the company's debt obligations at a 9.55% cost. For shareholders, this signals active liability management and business expansion plans; near-term equity impact is limited as there is no equity dilution.