Intimation of allotment of Secured Redeemable Non-Convertible Debentures on Private Placement basis
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Awaiting price reaction for this filing.
Kings Infra Ventures Ltd has allotted its Tenth tranche of unlisted secured redeemable non-convertible debentures (NCDs) via private placement on 27 October 2025. The company issued 4,500 NCDs with a face value of Rs. 1,000 each, raising a total of Rs. 45 lakh. The Debenture Committee of the company approved this allotment. No details on coupon rate, tenure, or use of proceeds have been disclosed in this filing.
The Rs. 45 lakh raise is relatively small for a listed company and is unlikely to materially impact the stock price. Shareholders should look for further disclosures regarding the interest rate, maturity, and end-use of these funds.