Finkurve Financial Services Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 25/02/2026 ,inter alia, to consider and approve the raising of ....
FINKURVE · price
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Finkurve Financial Services Ltd has informed the stock exchanges that its Board of Directors will meet on Wednesday, February 25, 2026. The key agenda item is to consider and approve raising of funds by issuing Non-Convertible Debentures (NCDs) with a face value and issue price of INR 1,00,000 each, issued at par. The NCDs will be placed privately through the Electronic Bidding Platform (EBP). The intimation has been filed under SEBI Listing Regulations 29(1)(d) and 50(1)(d). No details on the total issue size, coupon rate, or tenure have been disclosed in this filing — those are likely to be shared after or at the board meeting.
For shareholders, this signals that the company is planning to raise fresh debt capital, which could expand the company's lending or investment book. Since the NCDs are being placed privately with no public issue details yet, there is no immediate dilution or direct effect on equity shareholders, though overall leverage of the company may increase once the size is finalised.