CSL Finance Limited has informed the Exchange regarding allotment of 30000 securities pursuant to Non Convertible Securities at its meeting held on May 21, 2026
CSLFINANCE · price
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CSL Finance Limited has allotted 30,000 Secured, Rated, Listed, Redeemable Non-Convertible Debentures (NCDs) via private placement. Each NCD has a face value of Rs. 10,000, with the total issue size being Rs. 30 crore. The debentures carry a coupon rate of 11% with quarterly interest payments and have a tenure of 2 years, maturing on May 21, 2028. The NCDs are secured by a first ranking charge on loan receivables worth 1.25 times the outstanding amount, plus a personal guarantee from Mr. Rohit Gupta. The company received in-principle listing approval from BSE Limited dated April 20, 2026.
The Rs. 30 crore NCD issuance strengthens CSL Finance's capital base for lending operations. The 11% quarterly coupon is relatively attractive for investors seeking fixed income, and the BSE listing provides liquidity. No immediate impact on equity shareholders but signals active debt fund-raising.