Jayaswal Neco Industries Limited has informed the Exchange about: This is in continuation to our letter dated 5th December, 2025 and pursuant to the provisions of Regulations 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( Listing Regulations ), we wish to inform you that the duly authorized Committee of Directors at its meeting held today i.e., Saturday, 6th December, 2025, has inter-alia considered and approved the terms and conditions for issue of upto 1,80,000 (One Lakh Eighty Thousand) Unlisted, Unrated, Secured, Redeemable, fully paid up Non-Convertible Debentures ( NCDs ) having face value of INR 100,000/- (Indian Rupees One Lakh only) each, aggregating to INR 1800,00,00,000/- (Indian Rupees One Thousand Eight Hundred Crores only).
JAYNECOIND · price
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Jayaswal Neco Industries' Committee of Directors, at a meeting held on 6th December 2025, approved the terms for issuing up to 1,80,000 Non-Convertible Debentures (NCDs). Each NCD carries a face value of Rs 1,00,000, taking the total issue size to Rs 1,800 Crores. The NCDs will be unlisted, unrated, secured, and redeemable, indicating a private placement rather than a public market offering. This is a follow-up to the company's earlier communication dated 5th December 2025, made under SEBI Listing Regulations. The purpose of the fundraise has not been disclosed in this filing.
This is a large debt raise of Rs 1,800 Crores that will increase the company's leverage but does not dilute existing shareholders since these are non-convertible instruments. Investors should watch for further disclosures on the interest rate, tenure, and end-use of proceeds to assess the impact on debt servicing and overall financial health.