Intimation of allotment of Secured Redeemable Non-Convertible Debentures on Private Placement basis
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kings Infra Ventures has allotted 3,000 Secured Redeemable Non-Convertible Debentures on a private placement basis on 31st March, 2026. Each debenture has a face value of Rs. 1,000, bringing the total raised to Rs. 30 lakhs (Rs. 30,00,000). This is the 15th tranche of unlisted secured NCDs issued by the company. The Debenture Committee approved the allotment at its meeting on the same day.
This is a relatively small debt raise of Rs. 30 lakhs, unlikely to materially impact the stock price or shareholder value. The fact that this is the 15th tranche suggests the company has been regularly raising small amounts of debt, which investors should monitor in the context of overall leverage.