In continuation of our intimation dated August 29, 2025 and pursuant to Regulation 30 and other applicable regulations of the SEBI LODR, we wish to inform you that the Board of Directors ....
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On the reaction day the stock moved 4.3 pts less than Nifty Microcap 250 and 5.0 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Board of Directors of Galada Finance Ltd, at its meeting on September 3, 2025, approved raising ₹20 Crores through secured, unrated, unlisted, redeemable non-convertible debentures (NCDs) to be issued in multiple tranches via private placement. The NCDs will carry a fixed coupon of 12% per annum (payable on redemption) with a 60-month tenure, and will not be listed on any stock exchange. Security is via a first-ranking exclusive charge on identified loan receivables. The Board also appointed an independent registered valuer in connection with a proposed issuance of share warrants and/or equity shares on a preferential basis.
For shareholders: The company is taking on ₹20 Crore of debt at a relatively high 12% interest rate, which suggests an urgent funding need but also signals aggressive growth plans. The simultaneous move toward issuing warrants/equity on a preferential basis hints at possible dilution ahead. Short-term stock impact may be neutral to mildly negative due to the high cost of borrowing.