Announced Wed, 28 Oct, 2026 · 12:05 IST

Allotment of 1 crore unlisted NCRPS at par under first tranche

Price

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

Price reaction

Awaiting price reaction for this filing.

AI summary

The Board allotted 1 crore unlisted NCRPS on 28 October 2026 under the first tranche of a private placement. The issue price was ₹10 per share, equal to face value, raising ₹10 crore. The securities carry a 5% cumulative annual dividend, mature after seven years, are unsecured and unlisted, and include investor put and company call options after two years.

Likely market impact

Raises ₹10 crore without equity dilution, but adds a 5% cumulative dividend claim and redemption or refinancing risk after seven years.