Finkurve Financial Services Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 20/03/2026 ,inter alia, to consider and approve 1. Raising of funds ....
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Finkurve Financial Services Ltd has informed BSE and NSE that its Board of Directors will meet on March 20, 2026. The key agenda item is raising funds through Non-Convertible Debentures (NCDs) with a face value and issue price of INR 10,000 each, to be placed privately via the Electronic Bidding Platform (EBP). The Board will also consider shifting the company's registered office within the local city limits. No details on the total issue size or coupon rate have been disclosed yet.
This is a pre-announcement of a fund-raising plan; the actual impact will depend on the issue size and interest rate, which will be revealed after the board meeting. For shareholders, it signals potential dilution-free borrowing (since NCDs are debt, not equity), but also adds to the company's debt obligations.