Please find attached herewith the board meeting outcome dated August 18, 2025
MONEYBOXX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Moneyboxx Finance approved an enabling authorization to issue Non-Convertible Debentures (NCDs) up to INR 1,000 Crore on a private placement basis in one or more tranches, subject to shareholder approval at the upcoming AGM. The coupon, tenure and other terms will be decided at the time of each issue. The Board also recommended appointing M/s Shashank Pashine & Associates as Secretarial Auditor for five years (FY2025-26 to FY2029-30), subject to shareholder approval. The 31st AGM is scheduled for September 26, 2025, with September 19, 2025 as the cutoff date for eligibility. Additionally, the Board noted a BSE-imposed SOP fine of INR 5,000 under Regulation 50(1)(d) for a compliance lapse and committed to strengthening internal systems.
The INR 1,000 Crore NCD authorization signals a major fundraising push to support Moneyboxx Finance's lending growth, but terms (coupon, dilution risk for existing debtholders) remain undisclosed. The fine and routine auditor appointment are largely administrative and unlikely to move the stock materially.