Please find enclosed the intimation with respect to allotment of Non Convertible Debentures amounting to INR 50 Crores
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Moneyboxx Finance Ltd has informed BSE about the allotment of Non-Convertible Debentures (NCDs) amounting to INR 50 Crores. NCDs are fixed-income debt instruments that carry a fixed interest rate and need to be repaid on maturity. The filing is a stock exchange intimation confirming the completion of the allotment process. The specific details such as coupon rate, tenure, and end-use of proceeds are not mentioned in the headline.
The company has raised INR 50 Crores through debt, which will add to its interest obligations but provides additional capital for lending or business growth. Shareholders should watch for further disclosures on coupon rate, maturity, and purpose of the funds.