Intimation of allotment of Secured Redeemable Non-Convertible Debentures on Private Placement basis
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Kings Infra Ventures Ltd has allotted its 14th tranche of unlisted, secured, redeemable, non-convertible debentures (NCDs) on a private placement basis on 17 February 2026. The issue comprises 16,100 NCDs with a face value of Rs 1,000 each, aggregating to Rs 1.61 crore. The allotment was approved by the company's Debenture Committee, and the NCDs will remain unlisted. The filing does not disclose the coupon rate, tenure, or investor details of this tranche.
This is a modest debt raise of Rs 1.61 crore through privately placed NCDs, which is small relative to typical corporate fundraises and unlikely to materially impact the stock. Since the debentures are non-convertible and secured, there is no equity dilution for existing shareholders.