Moneyboxx Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/08/2025 ,inter alia, to consider and approve Issuance of NCD''s subject ....
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Moneyboxx Finance Ltd has informed BSE that its Board of Directors will meet on August 18, 2025 to consider and approve the issuance of Non-Convertible Debentures (NCDs) up to a maximum of Rs. 1,000 Crore. The NCDs can be secured or unsecured, redeemable, taxable or tax-free, and cumulative or non-cumulative in nature. The final issuance will also require shareholder approval at the upcoming Annual General Meeting. The company has not disclosed the coupon rate, tenure, or specific purpose of the fundraise in this intimation.
This is a large potential debt raise (up to Rs. 1,000 Crore) which could fund business growth but will also increase the company's leverage and interest obligations. Since NCDs are debt instruments, there is no equity dilution, but shareholders should watch for the coupon rate and end-use of proceeds once announced.