Finkurve Financial Services Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/08/2025 ,inter alia, to consider and approve Raising of funds ....
FINKURVE · price
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Finkurve Financial Services has informed the BSE that its Board of Directors will meet on August 11, 2025, to consider and approve raising funds through Non-Convertible Debentures (NCDs). The NCDs will have a face value and issue price of Rs. 1,00,000 each, meaning they will be issued at par. The company plans to raise this money via private placement using SEBI's Electronic Bidding Platform (EBP). No details on the total amount to be raised or the interest rate/coupon have been disclosed yet.
This is a debt-raising announcement, not equity dilution, so existing shareholders won't see any dilution of their stake. The impact on the stock will depend on the total size of the NCD issue and the interest rate offered — investors should wait for the August 11 board meeting outcome for clarity.