Announced Mon, 22 Jun · 14:24 IST
Board meeting rescheduled to June 25 for Rs 50 Crore NCD approval
Fund Raising View source PDF
FINKURVE · price
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Price reaction · full curve 14 horizons · vs prior close
+0.4%1-day move
₹68.71
prior close
₹70.10
base price
In-mkt
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AI summary
Finkurve Financial Services has rescheduled its board meeting from June 24 to June 25, 2026 due to unavoidable circumstances. The board will consider approving a fund raise of up to Rs 50 Crores through Non-Convertible Debentures via private placement on the Electronic Bidding Platform. Each NCD has a face value and issue price of Rs 1 lakh, meaning they are being issued at par.
Likely market impact
NCD issue adds to debt obligations without equity dilution. Final terms including coupon rate await board approval on June 25.