Five-Star Business Finance Limited has informed the Exchange about issue of non convertible debentures on private placement basis

Five-Star Business Finance Limited has informed the stock exchange about the issuance of non-convertible debentures (NCDs) through a private placement. NCDs are fixed-income debt instruments that cannot be converted into equity shares, and private placement means they are offered to a select group of investors rather than the public. The company, which is a non-banking financial company (NBFC) specialising in small business and home loans, is likely using this route to raise debt capital to fund its lending operations. No specific details on issue size, coupon rate, or tenor have been disclosed in this headline.