ONMOBILEBSEOnMobile Global LtdMediumNeutral
Announced Fri, 19 Jun · 12:49 IST

OnMobile board to consider NCD issuance on private placement basis

Fund Raising View source PDF

ONMOBILE · price

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Price reaction · full curve 14 horizons · vs prior close
-1.5%1-day move
₹52.91
prior close
₹52.41
base price
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AI summary

Board meeting scheduled for June 24, 2026 to consider and approve issuance of Non-Convertible Debentures on a private placement basis, in one or more tranches. No details on size, coupon rate, or use of proceeds disclosed in this intimation.

Likely market impact

Board to evaluate NCD fundraising via private placement. NCDs are debt and do not dilute equity. Await details on size, coupon, and use of proceeds.