Intimation of allotment of Secured Redeemable Non- Convertible Debentures on Private Placement Basis
Price
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Awaiting price reaction for this filing.
Kings Infra Ventures has allotted its 11th tranche of unlisted Secured Redeemable Non-Convertible Debentures on a private placement basis on 10th November 2025. The allotment comprises 20,733 NCDs with a face value of Rs. 1,000 each, aggregating to Rs. 2.07 crore. The debentures are secured but unlisted, meaning they will not trade on the stock exchanges. The coupon rate or yield on these NCDs has not been disclosed in the filing. This is a relatively small debt raise through private placement, suggesting the company is continuing its pattern of incremental debt funding.
Since the NCDs are non-convertible and unlisted, there is no dilution risk for existing equity shareholders. The Rs. 2.07 crore size is modest, so the impact on the stock is likely neutral, though investors should monitor the coupon rate and end-use of funds, which are not mentioned in this intimation.